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8 MARCH 2010
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LUFTHANSA made a €112m net loss for 2009, although it did publish an actual €130m operating profit. It will not be paying a dividend. In 2008 the overall profit was a whopping €542m. However the results did include the takeover of both Austrian Airlines and bmi, long term goals that could have reached fruition at a better time. Lufthansa’s problems have continued into this year with a one day pilot strike and further industrial action still possible. Revenues in 2009 tumbled by 10% to €22.3bn. www.lufthansa.com
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