German flagship airline Lufthansa said it predicts to post 2010 operating profit in line with market expectations as demand for air travel and cargo services picked up in the first half of the year.The company had previously said it sees its 2010 operating profit beyond last year's 130 million euros (USD 169 million) as global economic recovery assists offset the negative impact of a volcanic ash cloud that swept across Europe in April.
On average, analysts anticipate Lufthansa to post 2010 operating profit of 399 million euros, according to a Reuters poll.
Lufthansa said late on Wednesday is still expects its full-year revenues to boost from 2009's 22.28 billion euros.
The carrier's optimism echoes European peers' latest statements.
Rival Air France-KLM on Tuesday revealed a narrower-than-expected quarterly loss as the fallout from April's ash crisis dropped into second place behind renewed evidence of an upswing in the economy.
Lufthansa's operating profit in the April-June period tripled to 159 million euros, exceeding the 123 million euro average approximation in a Reuters poll.
No comments:
Post a Comment