Lufthansa Q3 profits down, confirms 2017 destination

AFP

2017/10/25 | 200 words | LE JOURNAL DE L'AVIATION | AIR TRANSPORT

German airline group Lufthansa confirmed its objectives for the full year Wednesday, even as its third-quarter profit fell. Between July and September -- the key summer holiday period for European carriers -- Lufthansa's net profit fell by 17 percent year-on-year to 1.18 billion euros ($1.4 billion).But the decline was largely due to an accounting effect, the airline said in a statement.In the third quarter of 2016, Lufthansa's bottom line had been boosted by the elimination of provisions fo...(…)

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