Lufthansa Technik Sales, Profits Rise In 1999
Lufthansa Technik (LHT) achieved an increase in sales of 9.1% in 1999, with profits rising 29% to 36 million marks (US$17 million). The company says it is suffering from the high dollar exchange rate because some of its contracts are based on marks, but costs are mostly dollar-based. LHT wants to...
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