Deutsche Lufthansa posts second quarter profit

German national carrier Deutsche Lufthansa AG has posted a second-quarter operating profit of €65m, up from a loss of €415m in the first quarter, but said it still expects a full-year operating loss.

Lufthansa, which posted a €320m profit in the second quarter last year, had been expected to post a loss for this year's second quarter because of effects of the SARS epidemic, the Iraq war and the global economic slowdown.