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Deutsche Lufthansa AG (LHAG.DE)

LHAG.DE on Xetra

2 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Lufthansa passenger traffic up 5.7 pct in September
Tuesday, 11 Oct 2016 07:30am EDT 

Deutsche Lufthansa Ag : Says sept passenger traffic in terms of revenue seat kilometres up 5.7 percent . Says sept load factor down 0.8 percent points to 82.4 percent . Says sept freight/post up 8.2 percent . Says pricing environment negative . Extend gains, now up 1.6 percent Further company coverage: [LHAG.DE] (Frankfurt newsroom) ((+49 69 7565 1270; Reuters Messaging: frankfurt.newsroom@thomsonreuters.net)).  Full Article

Air Berlin says expects significant boost to EBIT from restructuring
Thursday, 29 Sep 2016 03:17am EDT 

: Air Berlin says in presentation expects significant boost to unit revenues, ebit from restructuring . Air Berlin says expects payment over period of the lufthansa wet lease agreement to exceed €1.2bn ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Cabin crew at Lufthansa's Eurowing striking in Duesseldorf
Thursday, 22 Sep 2016 01:40am EDT 

Lufthansa : German services union Verdi calls for cabin crew strike at Lufthansa's Eurowings unit in Duesseldorf from 5-9 am local time, 0300-0700 GMT . Verdi says cabin crew striking to push demands at next round of bargaining with Lufthansa on Sept. 26Further company coverage: [LHAG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Lufthansa says offering pilots' union VC to resume talks
Friday, 16 Sep 2016 03:45am EDT 

Deutsche Lufthansa AG : Says offering pilots' union VC to resume talks Further company coverage: [LHAG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Lufthansa Cargo extends CEO's contract to 2022
Monday, 29 Aug 2016 08:00am EDT 

Lufthansa Cargo : Says supervisory board extends Peter Gerber’s contract . Says supervisory board extends Peter Gerber’s contract by five years Further company coverage: [LHAG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Lufthansa says June passenger traffic down 0.8 percent
Monday, 11 Jul 2016 06:45am EDT 

Deutsche Lufthansa : Says June passenger traffic in terms of revenue seat kilometres down 0.8 percent . Says June load factor down 2.6 percent points to 80.4 percent . Says June freight/post down 2.0 percent in revenue cargo tonne-kilometres . Lufthansa says pricing environment clearly negative (excluding currency) http://bit.ly/29Bn2dL Further company coverage: [LHAG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Lufthansa: deal means cabin crew personnel unit costs cut by 10 pct
Tuesday, 5 Jul 2016 09:29am EDT 

Deutsche Lufthansa Ag : Lufthansa exec says agreement with cabin crew will result in personnel unit costs being reduced by 10 percent over next few years Further company coverage: [LHAG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Deutsche Lufthansa comments on FY 2016 outlook
Monday, 2 May 2016 08:00pm EDT 

Deutsche Lufthansa AG:Group’s result forecast for FY 2016 remains unchanged.For FY 2016 expects to achieve an adjusted EBIT slightly above the previous year result of 1.8 billion euros.  Full Article

Deutsche Lufthansa AG - Germanwings crash victim families sue U.S. Lufthansa unit - Reuters News
Wednesday, 13 Apr 2016 06:20pm EDT 

Deutsche Lufthansa AG:Families of those killed on a Germanwings flight last year have sued a training unit of the airline's parent, Deutsche Lufthansa AG, in U.S. district court in Arizona for wrongful death, their law firm said on Wednesday. - RTRS.Kreindler & Kreindler LLP said it had filed a lawsuit on behalf of 80 families against Airline Training Center Arizona Inc, which instructed the Germanwings pilot who barricaded himself in the cockpit and flew his jet into the French Alps on March 24, 2015, killing 150 passengers and crew.The families charged that the training unit was negligent in failing to discover pilot Andreas Lubitz's medical history before admitting him to the program in 2010.The 144 passengers on the plane came from 18 countries, Germanwings has said.The majority were from Germany and Spain, while three were from the United States.None of the plaintiffs in the lawsuit are related to the U.S. victims, Kreindler partner Marc Moller said in an interview.However, he said they had standing because the training unit was the gateway that taught Lubitz how to fly planes.A Lufthansa spokeswoman said, "Based on our information, we see no prospects of success for this course of action.".  Full Article

Deutsche Lufthansa gives FY 2016 adjusted EBIT outlook, to propose FY 2015 dividend
Wednesday, 16 Mar 2016 08:00pm EDT 

Deutsche Lufthansa AG:Will propose to the Annual General Meeting that a dividend of 0.50 euros per share be distributed for FY 2015.Expects to again slightly improve its adjusted EBIT in FY 2016.The forecast does not, however, include any earnings impact from possible strikes.  Full Article


Lufthansa's Eurowings in pay deal with cabin crew

FRANKFURT German airline Lufthansa's budget carrier Eurowings has reached an agreement over pay with cabin crew staff, trade union Verdi said on Friday, staving off further strikes.