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LUFTHANSA IMPROVES PROFITS THANKS TO HEDGING ON FUEL COSTS

GERMAN, Lufthansa reported high profits in the first six months of the year thanks to having bought fuel before the recent increase in oil prices. This allowed an 18% surge in earnings for that period. Also the forecasts for the rest of the year are definitely positive. It is expected a 15% rise of profits.

AVIONEWS - World Aeronautical Press Agency - 1419

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