Lufthansa's Pre-Tax Profits Soar 42 Percent, Set Another Record

Lufthansa Group said yesterday its pre-tax earnings for 1998 increased 42% to 2.5 billion deutschmarks (US$1.35 billion) and set a record. Last year's results also were a record. The company also had its best net profit ever, DM1.4 billion ($760 million), up 33%. "Growth in traffic volume continued...

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