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Deutsche Lufthansa AG (LHAG.DE)

LHAG.DE on Xetra

23 Sep 2016
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€0.03 (+0.24%)
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Latest Key Developments (Source: Significant Developments)

Pilots' union says to examine new Lufthansa pay offer
Wednesday, 21 Sep 2016 11:43am EDT 

Pilots' union spokesman: will carefully examine new Deutsche Lufthansa AG offer on pay and conditions Further company coverage: [LHAG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1272;)).  Full Article

MTU Aero Engines and Lufthansa Technik explore setting up a joint maintenance company
Tuesday, 20 Sep 2016 05:09am EDT 

MTU Aero Engines AG : Lufthansa Technik and MTU Aero Engines exploring setting up a joint maintenance company .First decisions will be made by the end of the year.  Full Article

Gevo signs heads of agreement with Lufthansa for commercial supply of renewable jet fuel
Wednesday, 7 Sep 2016 09:00am EDT 

Gevo Inc: Gevo signs heads of agreement with Lufthansa for commercial supply of renewable jet fuel . Says terms of agreement contemplate Lufthansa purchasing up to 8 million gallons per year of ATJ from Gevo .Says Lufthansa purchasing up to 40 million gallons over 5 year life of off-take agreement.  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

Deutsche Lufthansa and cabin crew union reach agreement on pay, pensions - Reuters
Friday, 22 Jan 2016 04:30am EST 

Deutsche Lufthansa AG:Signs agreement on mediation with cabin crew union - Reuters.Agreement means cabin crew strikes ruled out until end June.Has already agreed new pay deal for cabin crew.Pay deal runs until Sept. 2016 and sees around 19,000 cabin crew receiving a one-off payment of 3,000 euros for 2015, plus a pay rise of 2.2 percent from Jan. 1, 2016.New pay deal for the period from Oct. 1 will be part of the mediation process, as will any details on pensions that can't be agreed before Feb. 15.  Full Article

German stocks - Factors to watch on September 22

FRANKFURT, Sept 22 The DAX top-30 index looked set to open 0.6 percent higher on Thursday, according to premarket data from brokerage Lang & Schwarz at 0615 GMT.