Deutsche Lufthansa Swings To 2011 Loss

Deutsche Lufthansa AG

swung to a loss in 2011. Deutsche Lufthansa posted a loss of 13 million euros, versus a year-ago profit of $1.1 billion. Its revenue climbed 8.6% to €28.7 billion. It reported that fuel costs climbed €1.3 billion in 2011. Deutsche Lufthansa shares closed at $13.70 yesterday.