Learn more

Germany’s national carrier Lufthansa reported a rise in net profit for the full year, citing an increase in revenue and higher travel demand. For the 12-month period, the airline reported a net income of €1.673 billion ($1.823 billion), or €1.40 per share, higher than €791 million, or €0.66 per share, reported last year. Earnings before interest and taxes (EBIT) surged to €2.669 billion from previous year’s €1.419 billion. Excluding special items, EBIT was €2.682 billion, compared with €1.520 billion a year ago. Adjusted EBIT margin increased to 7.6% from last year’s 4.9%. A total of 123 milli…

cuu