Steering out of turbulence


Lufthansa carried 70.5 million passengers and 1.9 million tonnes of cargo in 2008, making it one of the biggest airlines in Europe by capacity. It made a profit of €1.4 billion ($2 billion) - an impressive performance given the challenging recessionary operating environment of the latter part of the year, which saw passenger numbers and cargo tonnage drop. However, 2009 is shaping up to be one of its most difficult years, with the firm registering a net loss of €256 million ($367 million) in