Tokyo stocks opened sharply lower Friday with investor sentiment hurt by Sony Corp.'s forecast of an annual operating loss as well as by a fall in U.S. shares overnight due to disappointing corporate earnings there. Yesterday the Aisan markets gained on the good lead from Wall Street. Hong Kong's Hang Seng Index firmed 0.6% to 12657.99. The Shanghai Composite Index added 1%. South Korea's Kospi Composite rose 1.1% to 1116.23.
Deutsche Lufthansa AG
Deutsche Lufthansa AG (Lufthansa) is an aviation company with operations worldwide. It operates in five business segments: Passenger Transportation is the core business segment, in which Lufthansa offers its customers a network with its own flight connections to 185 cities; the Logistics segment comprises the sale and execution of air freight transport within the Lufthansa Group; Maintenance, Repair and Overhaul segment is a provider of engineering services for civil aircraft; the Catering segment provides airline catering services to international airlines, and the Information Technology (IT) services segment provides a range of IT services for the airline and aviation sector through the Lufthansa Systems group. On January 22, 2008, it acquired 19% of the shares in JetBlue Airways. In October 2008, Lufthansa established an Italian company called Lufthansa Italia as it mulls to make Milan based Malpensa airport its third hub after Frankfurt and Munich.
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