Deutsche Lufthansa AG (LHA.DE)
| Previous Close | 6.44 |
| Open | 6.52 |
| Bid | 6.48 x 948200 |
| Ask | 6.48 x 1900800 |
| Day's Range | 6.35 - 6.54 |
| 52 Week Range | 5.38 - 8.59 |
| Volume | |
| Avg. Volume | 5,301,720 |
| Market Cap | 7.761B |
| Beta (5Y Monthly) | 1.54 |
| PE Ratio (TTM) | 6.42 |
| EPS (TTM) | 1.01 |
| Earnings Date | Oct 29, 2024 |
| Forward Dividend & Yield | 0.30 (4.66%) |
| Ex-Dividend Date | May 08, 2024 |
| 1y Target Est | 7.10 |
ReutersPortugal consults TAP suitors on plans for airline
The Portuguese government is finalising consultations with airlines interested in flag carrier TAP to establish their objectives before coming up with a privatisation plan, Prime Minister Luis Montenegro said. He told broadcaster SIC late on Tuesday that the government "doesn't want to carry out a privatisation without knowing what the market players also have as their objectives", to ensure the privatisation plan aligns with market sentiment. At least three major airline operators - Lufthansa, British Airways owner IAG, and Air France-KLM - have said they are interested in state-owned TAP.
ReutersLufthansa CEO aims to revive 'problem child' airline by 2026
Lufthansa is aiming to revive its core airline by 2026 as one of Europe's top carriers struggles more than its regional rivals with higher costs and prolonged delays in Boeing plane deliveries, its chief executive said. Carsten Spohr described the Lufthansa airline as the German group's "problem child" and said turning it around is a must for the wider company's success. Lufthansa, which also counts Austrian Airlines, Swiss and Eurowings among its carriers, has already issued two profit warnings this year, as spiralling wage costs, a squeeze on ticket prices and a tough aviation market make for a difficult recovery.
ReutersITA expects higher full-year revenue as it prepares to join Lufthansa group
Italy's ITA Airways said on Friday it expects passenger revenue to increase by a quarter in 2024 from last year as it flies with fuller planes, after core profit turned positive in the first half. The Italian state-controlled carrier, which is soon to enter the Lufthansa group, expects full-year sales to hit 2.7 billion euros ($3.02 billion), with its load factor set to rise above 80% from 79% currently, CFO Claudio Faggiani said. "The cash allows the company to support the investment plan, which has more than doubled compared to the previous year," Turicchi told reporters in Milan.
