Lufthansa returns to annual profit after Covid losses

GERMAN airline giant Lufthansa said today it returned to annual profit in 2022 after two years of losses, its fortunes lifted by rebounding demand as economies reopened after Covid shutdowns.  

The group reported a net profit of €791 million (RM3.75 billion) last year. This compares to a net loss of €2.2 billion in 2021 and €6.7 billion in 2020.