Lufthansa Group posts sound first-quarter results

Deutsche Lufthansa further increased its operating result for the first quarter of 2014, thanks to continued progress with its Score results-enhancement programme. In what is traditionally the weakest quarter of the year, the company posted an operating result of €-245 million, a €114 million or 31.8% improvement on the same period last year. Adjusted for non-recurring items, such as the cost for the accelerated installation of new Lufthansa Business Class seats, which accounted for some €55 million in this period alone, the first-quarter operating result was improved by €105 million to €-190 million. The improved quarterly operating result can be