Source Pravda.Ru

Deutsche Lufthansa AG appears to achieve operating result goal

Europe’s second largest airline appears to have reached its 2007 operating- profit target of about 1.3 billion euros ($1.92 billion).

Deutsche Lufthansa AG is sticking to profit guidance it provided last year.

The company has raised its traffic by adding destinations and selling cheaper tickets to confront rivals such as Air France-KLM Group, Europe 's biggest airline, and discount carrier Air Berlin Plc. Its full year traffic rose 6.6 percent.

The airline is the German flag carrier and the world's sixth largest airline in terms of overall passengers carried, operating services to 200 destinations in 100 countries. Together with its partners Lufthansa services over 410 destinations. It has the second-largest passenger airline fleet in the world, when combined with Lufthansa CityLine, Air Dolomiti, Eurowings, Germanwings, Augsburg Airways, Contact Air, and SWISS, operating 529 aircraft.

Lufthansa is based in Cologne. Its main base and primary traffic hub is at Frankfurt International Airport in Frankfurt am Main with a second hub at Munich International Airport.

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