(ANSA-AFP) - FRANKFURT AM MAIN, MAR 7 - German airline giant
Lufthansa more than doubled its profits in 2023, extending a
rebound from the coronavirus pandemic even as it faces fresh
risks from a wave of industrial action. The group reported
Thursday a net profit of 1.67 billion euros ($1.82 billion), up
substantially from a figure of 791 million euros in 2022. It was
slightly below an estimate by analysts surveyed by financial
data firm FactSet. But it still marks a second straight year of
profits for the group -- whose carriers include Lufthansa,
Eurowings, Austrian, Swiss and Brussels Airlines -- after two
years of losses due to pandemic-related border closures. "The
Lufthansa group has regained its financial strength," chief
executive Carsten Spohr said in a statement. (ANSA-AFP).
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