Deutsche Lufthansa AG (LHA.F)
| Previous Close | 6.69 |
| Open | 6.68 |
| Bid | 6.67 x 360000 |
| Ask | 6.68 x 360000 |
| Day's Range | 6.64 - 6.71 |
| 52 Week Range | 6.23 - 9.90 |
| Volume | |
| Avg. Volume | 53,912 |
| Market Cap | 7.958B |
| Beta (5Y Monthly) | 1.52 |
| PE Ratio (TTM) | 4.13 |
| EPS (TTM) | 1.61 |
| Earnings Date | Apr 30, 2024 |
| Forward Dividend & Yield | 0.30 (4.49%) |
| Ex-Dividend Date | May 08, 2024 |
| 1y Target Est | 23.35 |
ReutersLufthansa, ITA to propose further remedies for EU green light to tie-up
Germany's Lufthansa and Italian rival ITA Airways will propose further remedies to try to secure EU antitrust approval for the tie-up between the two carriers, Italy's economy minister said on Thursday. The German carrier is looking to acquire a 41% stake in state-owned ITA - Alitalia's successor - but ha so far failed to persuade EU regulators to clear the bid. Earlier this months Lufthansa submitted proposals, but these were little changed from an earlier package the Commission rejected as insufficient.
ReutersLufthansa evaluates new China routes amid slow recovery in capacity
Lufthansa Airlines' capacity on routes to and from China has returned to 70% of the levels before the COVID-19 pandemic and it is evaluating adding new routes to the country, CEO Jens Ritter said on Friday. However, Ritter told reporters in Shanghai that the company hoped to see stronger demand and needed to resolve delays in aircraft deliveries. "We are very confident about the economy of China," Ritter said during his first trip to Asia after becoming Lufthansa CEO in April 2022.
ReutersLufthansa seeks to persuade EU regulators over ITA stake buy
Lufthansa executives and lawyers will attend a day-long hearing in Brussels on Friday to try to convince EU antitrust regulators to clear the company's bid for a minority stake in Italian rival ITA Airways. Lufthansa last week submitted remedies to address the EU competition watchdog's concerns about its 325-million-euro ($346 million) bid for a 41% stake in state-owned ITA, the successor to Alitalia. So far, the remedies are little changed from an earlier package the Commission rejected as insufficient, although Lufthansa can add remedies following the hearing, people familiar with the matter have told Reuters.
