BERLIN, April 27 Germany's Lufthansa
swung to a profit in the first quarter, driven by improved
demand at its air freight division and maintenance unit, and
said on Thursday it was seeing improved price trends at its
The group reported adjusted earnings before interest and tax
of 25 million euros ($27 million), against a loss of 53 million
a year ago and against expectations for a loss of 26.6 million
in a Reuters poll.
It was the first time Lufthansa has made a profit in the
first quarter of the year, typically a weak quarter for
airlines, since 2008.
Despite the strong start to the year, it confirmed a
forecast for underlying earnings to fall only slightly this year
from last year's 1.75 billion euros.
($1 = 0.9169 euros)
(Reporting by Victoria Bryan; Editing by Georgina Prodhan)