Lufthansa CEO Jurgen Weber in early Jan.

Lufthansa CEO Jurgen Weber in early Jan. withdrew previous forecasts of [euro]1 billion ($105 billion) operating profit for 2003 explaining that the general situation makes predicting an result for the year impossible. Weber cited political and economic uncertainties impacting the airline industry worldwide, exacerbated according to threats of labor unrest in Germany and wage negotiations with the union representing Lufthansa's 52000 cabin and country staff. He held fast to a previous prediction that the airline achieved an operating profit of [euro]700-750 million for 2002

Wolfgang

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