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Lufthansa resumes dividend payments as profits take off in 2015

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Baku, March 18, AZERTAC

German airline Lufthansa said Thursday it will resume dividend payments to shareholders after profits soared in 2015, helped by low oil prices, and are set to increase again this year, according to AFP.

Lufthansa chief executive Carsten Spohr said that despite an "emotionally challenging year" due to the Germanwings air crash and the burden of repeated strike action by pilots and cabin crew, "2015 was a good year in economic terms."

Net profit soared to 1.7 billion euros ($1.9 billion) in 2015, from just 55 million euros a year earlier.

Underlying or operating profit grew by 55.2 percent to 1.8 billion euros and revenues were up 6.8 percent at 32.1 billion euros.

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