Key Developments: Deutsche Lufthansa AG (LHAG.DE)

LHAG.DE on Xetra

13.53EUR
19 Dec 2014
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Latest Key Developments (Source: Significant Developments)

Deutsche Lufthansa AG further confirms FY 2014 operating profit outlook; comments on FY 2015 earnings guidance - Reuters
Wednesday, 10 Dec 2014 12:03pm EST 

Deutsche Lufthansa AG:Says still sees 2014 operating profit of about 1 billion euros, 2015 earnings clearly above 2014 level - Reuters.FY 2014 operating profit estimate 1.2 billion euros - Thomson Reuters I/B/E/S.FY 2015 operating profit estimate 1.28 billion euros - Thomson Reuters I/B/E/S.  Full Article

Deutsche Lufthansa cancels half of long-haul flights due to strike - Reuters
Wednesday, 3 Dec 2014 07:25am EST 

Deutsche Lufthansa AG:Cancels around half of long-haul flights due to the second strike within a week by its pilots in a long-running row over retirement benefits - Reuters.  Full Article

Deutsche Lufthansa says 1,350 flights canceled due to pilots' strike - DJ
Monday, 1 Dec 2014 12:59am EST 

Deutsche Lufthansa AG:Says 1,350 flights canceled due to pilots' strike - Dow Jones.  Full Article

Deutsche Lufthansa AG reconfirms FY 2014 outlook; comments on FY 2015 guidance
Wednesday, 29 Oct 2014 08:00pm EDT 

Deutsche Lufthansa AG:Remains confident of achieving its profit targets for FY 2014 – despite experiencing difficult third quarter, and despite strike action eroding 170 million euros from its earnings results.Expects to post operating profit of around 1 billion euros for FY 2014, excluding impact of any further strike action between now and year-end.Says economic slowdown affects FY 2015 profit projections: operating profit for FY 2015 should be significant improvement on 2014.  Full Article

Deutsche Lufthansa AG to sell IT business to IBM
Wednesday, 22 Oct 2014 02:01am EDT 

Deutsche Lufthansa AG:Says is close to selling its IT infrastructure division and completing outsourcing deal with IBM, which will result in a 240 million euros ($305.57 million) pre-tax charge in 2014.Says deal is expected to close at Q1 2015 end.  Full Article

Deutsche Lufthansa cancels over 1,500 flights because of pilot strike - DJ
Tuesday, 21 Oct 2014 05:06am EDT 

Deutsche Lufthansa AG:Pilots of Deutsche Lufthansa are threatening more strikes in coming days, if German airline doesn't resume negotiations over retirement benefits - Dow Jones.The strike, which started on Oct. 20 night is expected to last through 11:59 p.m. Oct. 21 local time, with total of 1,500 flights cancelled.  Full Article

Deutsche Lufthansa AG pilots to strike on wednesday at Munich Airport - Reuters
Tuesday, 9 Sep 2014 03:51am EDT 

Deutsche Lufthansa AG:Lufthansa pilots will hold a eight-hour strike at Munich airport on Wednesday, union Vereinigung Cockpit said on Tuesday, the third strike by the pilots to hit the German airline within two weeks - Reuters.The pilots are trying to increase the pressure on Lufthansa in negotiations over an early retirement scheme.They held a strike at budget unit Germanwings at the end of Aug., followed by a walkout at Frankfurt last week.The strike on Wednesday at Munich, Lufthansa's biggest airport after Frankfurt, will run from 0800-1600 GMT, the union said.  Full Article

Deutsche Lufthansa confirms FY 2014 and FY 2015 guidance
Wednesday, 30 Jul 2014 08:00pm EDT 

Deutsche Lufthansa AG:Expects FY 2014 operating result of about 1 billion euros.Aims for FY 2015 operating result of about 2 billion euros.  Full Article

Deutsche Lufthansa AG directed to pay compensation to flyer-Business Standard
Monday, 14 Jul 2014 02:15am EDT 

Deutsche Lufthansa AG:Has been directed by a consumer forum here to pay 0.45 mln Indian Rupees to a flyer for causing harassment and mental agony after his baggage went missing while flying from Frankfurt to London in 2007-Business Standard.New Delhi Consumer Disputes Redressal Forum directed the airline, whose office is located here, to pay 0.3 mln Indian Rupees ($5,000) as compensation to west Delhi resident Rajeev Vaderah for loss of his valuables and also 0.15 mln Indian Rupees as harassment and litigation expenses.  Full Article

Deutsche Lufthansa AG comments on FY 2014 and 2015 guidance
Wednesday, 11 Jun 2014 03:15am EDT 

Deutsche Lufthansa AG:Now expects FY 2014 operating result of about 1 billion euros.Says reason is weaker than expected revenue development in passenger and freight businesses.Now aims for FY 2015 operating result of about 2 billion euros.  Full Article

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Lufthansa rejects pilots' demand for mediation on low-cost plans

DUESSELDORF, Germany - Lufthansa has rejected demands by pilots to discuss via mediation its plans to expand its low-cost operations, the German flagship carrier said on Friday, drawing new battle lines that could herald further costly strikes.

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