Christoph Franz, Chairman of the Executive Board and CEO of Deutsche Lufthansa, has presented a solid set of financial figures for 2012 and a positive interim assessment of the SCORE program to the shareholders attending the company’s Annual General Meeting in Cologne. The airline earned revenue of €30.1bn, with an operating profit of €524m and over 103 million passengers transported. The net profit of €990m includes non-recurring items from the disposal of shares in Amadeus IT Holding. Franz was unsatisfied with the figures, however. “Our company is facing serious challenges. Global aviation has changed. Our industry is under pressure –

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