Previous close | 6.92 |
Open | 6.94 |
Bid | 6.81 x 948200 |
Ask | 6.82 x 1900800 |
Day's range | 6.73 - 7.08 |
52-week range | 6.30 - 9.93 |
Volume | |
Avg. volume | 6,240,533 |
Market cap | 8.163B |
Beta (5Y monthly) | 1.52 |
PE ratio (TTM) | 5.05 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.30 (4.40%) |
Ex-dividend date | 08 May 2024 |
1y target est | N/A |
After a rocky few years, British Airways parent IAG is once again plotting its bid for global expansion.
Shareholders in Lufthansa aired their concerns to management at the annual general meeting on Tuesday, troubled by the impact of a wave of strikes on profit and service standards as well as a boardroom overhaul that unsettled investors. One top concern was the image of core brand Lufthansa Airlines as a premium provider, following flight cancellations forced by the industrial action as well as operational problems. The board, led by CEO Carsten Spohr, must do more to prevent "service chaos" in future, warned Hendrik Schmidt, a corporate governance specialist at Deutsche Bank subsidiary DWS, Lufthansa's third-largest shareholder with just under 1.5%.
Lufthansa will work with Israeli defence firm Elbit Systems in the field of military drones via its maintenance subsidiary Lufthansa Technik as it seeks to expand its defence business, a spokesperson for the unit said on Monday. Lufthansa Technik will be responsible for maintenance and staff training, while Elbit will be in charge of the production of the drones.