LHA.DE - Deutsche Lufthansa AG
| Previous Close | 9.14 |
| Open | 9.08 |
| Bid | 9.19 x 948200 |
| Ask | 9.19 x 1900800 |
| Day's Range | 9.08 - 9.22 |
| 52 Week Range | 5.31 - 11.16 |
| Volume | |
| Avg. Volume | 4,385,160 |
| Market Cap | 10.985B |
| Beta (5Y Monthly) | 1.55 |
| PE Ratio (TTM) | 11.93 |
| EPS (TTM) | 0.77 |
| Earnings Date | Aug 03, 2023 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | May 08, 2019 |
| 1y Target Est | 12.20 |
Simply Wall St.Should We Be Cautious About Deutsche Lufthansa AG's (ETR:LHA) ROE Of 12%?
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
ZacksANSYS (ANSS) Assists Lufthansa Technik to Develop AeroSHARK
ANSYS (ANSS) helps Lufthansa Technik to design and certify AeroSHARK, which reduces fuel consumption and carbon dioxide emissions.
ReutersLufthansa CEO says it's premature to discuss possible takeover of Portugal's TAP
Lufthansa's Chief Executive Carsten Spohr said on Sunday it was too soon to discuss the German airline group's potential interest in taking over Portugal's TAP as the Portuguese government is still debating the privatisation process. Portugal wants to keep a strategic stake in state-owned airline TAP and will not offer all its capital in the upcoming privatisation, the country's secretary of state for finance, Joao Nuno Mendes, said on Friday. "There's still discussion in Portugal how that privatisation will take place and it's not supposed to be 100 percent privatisation," Spohr told journalists at the annual meeting of the International Air Transport Association in Istanbul.
ReutersAnalysis-Lufthansa's ITA deal heralds more European airline tie-ups
Lufthansa's purchase of a minority stake in Italy's loss-making ITA Airways injects fresh momentum into a wave of consolidation in Europe's fragmented aviation market that could see more mid-tier national carriers snapped up. The German group will be judged on whether it can make the successor business to Alitalia profitable in coming years, potentially setting the scene for large airline groups to swoop on more national carriers that have fallen prey to competition. "It's further evidence that consolidation in the European airline industry is continuing and in my view necessary," Lufthansa CEO Carsten Spohr said of the deal last week.
ReutersRome Fiumicino seen as Lufthansa's new southern hub after ITA deal
ROME (Reuters) -Lufthansa hopes to develop Rome Fiumicino as a southern hub for the group and will focus on long-haul flights from the Italian airport to Northern and Latin America, group slides said on Friday. Lufthansa will buy a 41% stake in ITA Airways, the successor of former flagship carrier Alitalia, through a 325 million euro ($357.76 million) capital increase and is aiming to take full control of the airline in the future. "We will also build on ITA's established strength on routes to Asia, Northern Africa and the Middle East," Lufthansa CEO Carsten Spohr told analysts.
ReutersLufthansa intends to fully take over ITA Airways - CEO
Lufthansa will take a 41% stake in ITA Airways by way of a 325 million euro ($358 million) capital increase that will flow directly to the Italian carrier, the German group said on Thursday. That ownership stake could be extended based on how well the airline performs in the coming year, Lufthansa CEO Carsten Spohr said.
ReutersSoaring airline customer complaints push global legislators to act
Nikoleta Dodova is among a growing number of dissatisfied airline customers. Having bought her mother and niece airline tickets from Sweden to Macedonia last year, their flight was cancelled and they ended up at an airport over two hours away. Official data from regulatory agencies shows complaints against airlines have reached, or neared record levels in countries like Canada and Germany over the last year since COVID-19 restrictions lifted and travel restarted.
- Reuters
FOCUS-Soaring airline customer complaints push global legislators to act
Nikoleta Dodova is among a growing number of dissatisfied airline customers. Having bought her mother and niece airline tickets from Sweden to Macedonia last year, their flight was cancelled and they ended up at an airport over two hours away. Official data from regulatory agencies shows complaints against airlines have reached, or neared record levels in countries like Canada and Germany over the last year since COVID-19 restrictions lifted and travel restarted.
BloombergLufthansa to Buy Stake in ITA in Bet on Italian Market
(Bloomberg) -- Deutsche Lufthansa AG agreed to buy a stake in Italian carrier ITA Airways, allowing the German airline to expand in Europe’s third-largest aviation market while letting Rome rid itself of an asset that’s soaked up billions of euros in state support.Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17Cathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeJPMorgan Tells 1,000 First Republic Employees They'll Lose Their JobsFirst Republ
- Reuters
UPDATE 1-Lufthansa Technik bidder field narrows ahead of second round - sources
Lufthansa's aircraft maintenance business Lufthansa Technik will enter the second phase of its partial sale process in mid-June, two sources familiar with the matter told Reuters. The bidder field has narrowed to include private equity firms Advent International, CVC Capital Partners and Bain Capital, all vying to invest in a minority stake, the sources said, speaking on condition of anonymity. Blackstone had previously shown interest in the asset but is no longer involved, the sources said.
ReutersLufthansa clinches deal for minority stake in ITA Airways
ROME (Reuters) -Lufthansa will take a 41% stake in ITA Airways by way of a 325 million euro ($358 million) capital increase that will flow directly to the Italian carrier, the German group said on Thursday. Lufthansa CEO Carsten Spohr met Italian Economy Minister Giancarlo Giorgetti in Rome on Thursday to finalise talks, which started in January but were extended beyond an initial deadline of April 24. "Today's agreement will lead to a win-win situation for Italy, ITA Airways and Lufthansa Group ... a stronger ITA will invigorate competition in the Italian market," Spohr said.
- Simply Wall St.
An Intrinsic Calculation For Deutsche Lufthansa AG (ETR:LHA) Suggests It's 49% Undervalued
Key Insights Using the 2 Stage Free Cash Flow to Equity, Deutsche Lufthansa fair value estimate is €18.72 Deutsche...
The TelegraphRyanair shouldn’t expect a fair fight from the EU – the sad truth is Brussels doesn’t care
It was at least a victory of sorts for Ryanair, and for its pugnacious boss Michael O’Leary. Last week, it won a victory against the established giants of the aviation industry when the European Court of Justice ruled that the billions offered by the German government to Lufthansa during the height of the Covid pandemic were effectively illegal.
ReutersEU's Vestager says 'all options on the table' after Lufthansa/SAS rulings
The European Union's top competition official on Wednesday said "all options" were on the table but did not indicate what her next steps could be after Lufthansa and SAS suffered a setback in Europe's second-highest court. The court also ruled in Ryanair's favour against pandemic state aid for SAS. EU Competition Commissioner Margrethe Vestager said she was analysing the rulings as a matter of urgency, aware of the uncertainty on the market.
ReutersLufthansa suffers blow as EU court backs Ryanair challenge against bailout
Lufthansa suffered a setback on Wednesday after Europe's second-highest court sided with Ryanair and annulled a European Union competition regulator's decision clearing its state bailout. The court cited errors in the EU competition regulators' decision to approve the German government's 6-billion-euro ($6.60 billion) rescue package and said they also failed to provide incentives for a quick repayment. Lufthansa, which said it would decide on a further course of action after analysing the ruling, has already repaid the aid in full, which could limit any immediate impact of the ruling, although it could have consequences for future state bailouts.
ReutersLufthansa sees earnings boost from strong summer travel
FRANKFURT (Reuters) -German airline group Deutsche Lufthansa said it expected strong demand for holiday travel this summer to fill seats on its planes and help it reach its full-year targets. "The continuously strong demand gives us confidence for the coming months," finance chief Remco Steenbergen said on Wednesday. Lufthansa said it still expects to post a significant year-on-year improvement in adjusted earnings before interest and tax (EBIT) for the full year 2023.
ReutersTop Lufthansa shareholder Kuehne does not plan to take blocking minority stake-Welt am Sonntag
Logistics billionaire Klaus-Michael Kuehne, Lufthansa's top shareholder, has no plans to raise his stake in the carrier to a 25% blocking minority, which would give him the power to veto major strategic decisions, he hold a German paper. Kuehne in September disclosed that he had increased his stake in Lufthansa to 17.5%, after the German government sold all its remaining shares in the airline, which it accumulated as a result of the COVID pandemic to keep the airline afloat. "It should remain at the current 17.5% for now," Kuehne, who is also the controlling shareholder of Swiss logistics firm Kuehne & Nagel and has a 30% stake in container shipping company Hapag-Lloyd, told Welt am Sonntag.
ReutersLufthansa says hopeful of finalising ITA deal in days
NEW DELHI (Reuters) -Lufthansa is hopeful of finalising the partial takeover of Italy's state-owned ITA Airways within days, an executive at the German carrier said on Thursday, describing talks with the Italian government as "very good." The two airlines agree on how to work together to win market share, Harry Hohmeister, head of global markets and network, Lufthansa Group Airlines, said at a New Delhi press conference to announce new flights to India.
ReutersItaly, Lufthansa extend exclusive talks on ITA Airways sale
Italy's Treasury and Germany's Lufthansa have agreed to extend exclusive talks over the sale of ITA Airways until May 12 from the previous deadline of April 24, a source close to the matter told Reuters on Monday. The source, speaking on condition of anonymity, said Treasury granted Lufthansa's request for extra time for the talks. Talks proceed in a "constructive manner", the source added.
ReutersPortugal PM welcomes Lufthansa's interest in TAP, Scholz sees good fit
Portuguese Prime Minister Antonio Costa welcomed the interest expressed by Lufthansa in the upcoming privatisation of flag carrier TAP, but promised a level playing field and a transparent process for all contenders. Speaking to reporters alongside visiting German Chancellor Olaf Scholz, Costa said the government will "shortly start TAP's privatisation and several companies have expressed interest, one of them Lufthansa". Added Scholz: "My impression is that something does fit well together here, but let us see how it turns out."
ReutersITA Airways chairman says deal with Lufthansa largely agreed
ROME (Reuters) -ITA Airways has worked out the main elements of a partial takeover deal with Lufthansa and hopes to announce it soon, the chairman of the state-controlled Italian airline said on Wednesday. Sources have previously said the German carrier is negotiating with Rome over the purchase of a 40% stake in ITA, valued at around 200 million euros ($218.82 million), with the idea of buying the rest at a later stage. "The course is set," he added, speaking on the sidelines of a presentation of a new aeroplane at Rome's Fiumicino airport.
ReutersEuropean airlines lay groundwork for potential bids for Portugal's TAP
At least three European airlines are laying the groundwork for potential bids for Portugal's flag-carrier TAP, sounding out local communications agencies and legal advisers as a new CEO prepares to take over, according to sources and media reports. Finance minister Fernando Medina said in February the government was doing preliminary work for the privatisation process. Lufthansa, Air France-KLM and British Airways owner IAG are seen as potential buyers.
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ReutersLufthansa to sell rest of LSG Group to private equity firm Aurelius
The German flagship carrier hopes the move will allow it to focus more on its core airline business, with chief financial officer Remco Steenbergen saying profitability and capital returns could improve further in that area as a result. The company said it expects the deal to positively impact its operating margin and adjusted ROCE. The transaction is expected to close in the third quarter, Lufthansa and Aurelius said.
ReutersLufthansa CEO says final talks with ITA Airways focused on price
BRUSSELS (Reuters) -Lufthansa's final negotiations for the takeover of ITA Airways are focused on price given ongoing losses, Lufthansa CEO Carsten Spohr told journalists on Wednesday ahead of a meeting later this week with the Italian government to push forward talks. Late in January, the Italian Treasury said it had signed a letter of intent with Lufthansa over the sale of a minority stake. Spohr said a final deal was still some weeks, not days, away, but that it is expected to be decided by April 24.