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Lufthansa reports surprise earnings jump of 30 percent in third quarter

November 1, 2012, 1:09 am TWN

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FRANKFURT, AFP--German airline Lufthansa on Wednesday reported a sharp rise in earnings in the third quarter, but stayed cautious for the full year, saying earnings would be “moderate.”

Lufthansa said in a statement its bottom-line net profit soared by 30 percent to 642 million euros (US$832 million) in the period from July to September.

Operating profit rose by 6.2 percent to 648 million euros on a 6.2-percent increase in revenues to 8.312 billion euros.

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