Previous close | 6.70 |
Open | 6.80 |
Bid | 6.77 x 948200 |
Ask | 6.77 x 1900800 |
Day's range | 6.73 - 6.91 |
52-week range | 5.24 - 11.25 |
Volume | |
Avg. volume | 10,547,262 |
Market cap | 8.162B |
Beta (5Y monthly) | 1.62 |
PE ratio (TTM) | N/A |
EPS (TTM) | -5.08 |
Earnings date | 27 Apr 2022 - 02 May 2022 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 08 May 2019 |
1y target est | 6.99 |
German flag carrier Lufthansa said on Tuesday it sees no further significant restructuring costs this year, a relief after reorganisation efforts amid the COVID-19 pandemic weighed on its results in late 2020 and throughout 2021. The reason is that Lufthansa completed most of its planned restructuring measures in 2021 and booked the related costs in its statement for that year, the group said in a written answer to a question as part of its virtual annual general meeting. Lufthansa is prepared to carry out the transaction even at short notice, the carrier said.
BERLIN (Reuters) -Germany's Deutsche Lufthansa announced plans on Monday to buy Boeing passenger and cargo planes with a total list price of nearly $6 billion, citing a drive to modernise its fleet and meet strong demand for freight transportation. Cost benefits associated with modernisation and the addition of fuel-efficient models would allow the carrier to reach its targets of an adjusted operating margin of at least 8% and a return on capital employed of at least 10% by 2024, Lufthansa said. As part of the plan, the group will buy seven long-haul 787-9 passenger aircraft, which will fill capacity gaps created by the delayed delivery of the Boeing 777-9, Lufthansa said in a statement.
Lufthansa and its partner MSC have been looking at financial data opened up by state-owned ITA Airways to see if the Italian airline would make a good strategic acquisition, the German carrier's chief executive said on Thursday. Prospective bidders for ITA Airways have had access to its finance data room for about 72 hours, Chief Executive Carsten Spohr told a news conference. The Italian government wants to clinch an ITA privatisation deal by mid-June, sources told Reuters in March.