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Lufthansa Aims For 97 Profit Lift

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Deutsche Lufthansa AG, seeking to rebound from a 1996 slump, said on Wednesday it was on course for markedly higher 1997 profits after posting a first-quarter profit for the first time. Pre-tax earnings for the first quarter were DM20 million, an almost DM70 million recovery from the 1996 first quarter loss of DM49 million. Reuter

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First Published: May 08 1997 | 12:00 AM IST

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