Lufthansa returns to profits after COVID-19 slump

BERLIN, March 3 (Xinhua) -- After two consecutive years of losses, Germany's flagship airline Lufthansa said on Friday it had once again made a profit in 2022, as international air traffic recovered from the COVID-19 pandemic.

Due to "strong increase in demand for air travel over the course of the year," the Lufthansa Group almost doubled its revenues year-on-year to 32.8 billion euros (34.9 billion U.S. dollars). Net income was 791 million euros, after hitting minus 2.2 billion euros in the previous year.