German airline Lufthansa has forecast that 2008 will be a profitable year for the carrier, despite financial market uncertainty.
Speaking at a press conference in Frankfurt, chief financial officer Stephan Gemkow predicted that Lufthansa would remain hot on the heels of its biggest rival Air France-KLM over the next 12 months.
"From today’s point of view, we are confident to be able to match last year’s outstanding operating result," he said.
"Our ambition is to increase it further.”
Wolfgang Mayrhuber, chief executive of Lufthansa, said that economic conditions "remain good" for the German carrier "in spite of the current uncertainty in the financial markets".
"There have been no groundbreaking changes in terms of the fundamental conditions or the need for mobility," he said.
Lufthansa has recently revealed plans to expand its operations further into Europe, the US and Asia, having already introduced flights to destinations including Seattle and Nanjing, China.