|Bid||7.02 x 948200|
|Ask||7.03 x 1900800|
|Day's Range||6.96 - 7.10|
|52 Week Range||5.24 - 12.96|
|Beta (5Y Monthly)||1.70|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar. 03, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||May 08, 2019|
|1y Target Est||6.08|
Europe's use it or lose it airport slot rule has not created issues for airlines during the COVID-19 pandemic nor is there any evidence of carriers operating ghost flights because of the rule, a senior European Commission official said on Thursday. "For the current winter scheduling season, the Eurocontrol air traffic has been so far in the range of 73-78% of 2019 and the annual 2022 air traffic is forecast to be at 88% of 2019 levels," Commission spokesperson Stefan De Keersmaecker told reporters. The EU executive's comments came a day after a spat between Lufthansa and Ryanair over the rule, which the Commission has relaxed to allow major carriers to preserve airport access during the crisis despite a sharp drop in traffic.
Two of Europe's largest airlines have revived a spat over the environmental impact of Europe's take-off slot rules, with Ryanair accusing Germany's Lufthansa of exploiting climate concerns to stifle competition. Lufthansa CEO Carsten Spohr told a newspaper last month that the airline still had to operate tens of thousands of additional flights in the winter to comply with European Union rules on slot usage, resulting in surplus emissions. Ryanair, Europe's largest budget carrier, hit back at the claims on Wednesday, saying Lufthansa was trying to hamper rivals in the months-old dispute over so-called ghost flights.
Alitalia's successor ITA Airways is looking for a partner ready to invest in the Italian carrier, Chairman Alfredo Altavilla said on Wednesday, adding that the airline could seal an alliance by June. Speaking at a parliamentary hearing, Altavilla said that the state-owned carrier had already started informal talks with some potential partners, both in Europe and overseas, but did not name any suitors. Two sources close to ITA Airways told Reuters that the Italian carrier has been in contact with Germany's Lufthansa , British Airways and United States-based Delta, adding that formal talks could start by the end of March.