Deutsche Lufthansa AG (DLAKF)
| Previous close | 6.79 |
| Open | 6.89 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 6.89 - 7.10 |
| 52-week range | 6.65 - 10.62 |
| Volume | |
| Avg. volume | 1,551 |
| Market cap | 8.5B |
| Beta (5Y monthly) | 1.52 |
| PE ratio (TTM) | 4.15 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.33 (4.58%) |
| Ex-dividend date | 08 May 2024 |
| 1y target est | N/A |
- Reuters
Lufthansa 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.
- Reuters
Lufthansa 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.
- Reuters
Lufthansa's new ITA remedies not too different from earlier, sources say
Lufthansa's new remedies on its ITA Airways stake buy are not markedly different from an earlier package rejected by EU antitrust regulators which have also discounted Ryanair as a rival in its scrutiny of the deal, people familiar with the matter said. The airline sector has seen a slew of acquisitions in recent months, with the Lufthansa deal and British Airways owner IAG's bid to buy out Spain's Air Europa the most high-profile ones. Lufthansa submitted its latest remedies to the European Commission last Thursday, three months after its first offer was dismissed as insufficient.
