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Lufthansa Cargo Headed for EU300 Million Profit, Welt Reports

Lufthansa AG will have a pretax profit of about 300 million euro ($401 million) in its cargo division for the fiscal year ending March 31 as transport volumes are almost 20 percent higher than last year, Die Welt newspaper said, without saying where it got the information.

To contact the reporter on this story: Richard Weiss in Frankfurt at rweiss5@bloomberg.net

To contact the editors responsible for this story: Benedikt Kammel at bkammel@bloomberg.net

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