LHAG.DE
Latest Trade
12.07EURChange
--(--)Today's Range
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--52 Week Range
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13.80As of on the XETRA ∙ Minimum 15 minute delay
Previous Close | 12.07 |
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Open | -- |
Volume | -- |
3M AVG Volume | 98.85 |
Today's High | -- |
Today's Low | -- |
52 Week High | 13.80 |
52 Week Low | 6.85 |
Shares Out (MIL) | 573.83 |
Market Cap (MIL) | 6,926.17 |
Forward P/E | -1.14 |
Dividend (Yield %) | -- |
German Union Verdi Says Has Agreed With Lufthansa's Eurowings That Up To 130 New Cabin Crew To Be Hired For Summer 2021
Deutsche Lufthansa Issues Bond Of EUR 1.6 Bln
Lufthansa Records Sharp Rise In Intercontinental And Intra-European Bookings
Deutsche Lufthansa AG is a Germany-based company that provides passenger and cargo air transportation services worldwide. The Company's segments include Network Airlines, Eurowings, Logistics, MRO and Catering. The Network Airlines segment comprises Lufthansa German Airlines, SWISS and Austrian Airlines. The Eurowings segment comprises Eurowings, Germanwings and Brussels Airlines, as well as the equity investment in SunExpress. The Logistics segment comprises the scheduled airfreight activities of the Lufthansa Cargo group. The MRO segment includes provision of maintenance, repair and overhaul services for civil and commercial aircraft. The Catering segment provides airline catering services. The Company offers flight and connection programs in North America, Scandinavia and Asia.
Industry
Airline
Executive Leadership
Karl-Ludwig Kley
Independent Chairman of the Supervisory Board
Carsten Spohr
Chairman of the Executive Board, Chief Executive Officer
Juergen Weber
Honorary Chairman of the Supervisory Board
Christine Behle
Deputy Chairwoman of the Supervisory Board and Employee Representative
Remco J. Steenbergen
Chief Financial Officer, Member of the Executive Board
Price To Earnings (TTM) | -- |
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Price To Sales (TTM) | 0.35 |
Price To Book (MRQ) | 2.11 |
Price To Cash Flow (TTM) | -- |
Total Debt To Equity (MRQ) | 400.49 |
LT Debt To Equity (MRQ) | 308.91 |
Return on Investment (TTM) | -21.82 |
Return on Equity (TTM) | -13.02 |
Lufthansa is adding more holiday destinations to its summer flight schedule from Germany in anticipation of a strong rebound in bookings, it said on Thursday, betting COVID-19 vaccines and testing will soon make vacation travel possible.
Lufthansa on Wednesday rejected charter airline Condor's accusations that it was abusing its market position in cancelling an agreement between the two companies late last year, months after the larger German carrier received a bailout.
* IT IS SET TO START TRADING ON MARCH 1 IN FURTHER 26 GERMAN COMPANIES SHARES, INCLUDING SIEMENS, VOLKSWAGEN , ALLIANZ, DEUTSCHE POST, CONTINENTAL, E.ON, DEUTSCHE BANK , PUMA, LUFTHANSA, HUGO BOSS , BORUSSIA DORTMUND
Lufthansa subsidiary Swiss International is reducing its Geneva flight operations further to an "absolute minimum", citing coronavirus travel restrictions, the company said on Monday.
Lufthansa subsidiary Swiss International is reducing its Geneva flight operations further to an "absolute minimum", citing coronavirus travel restrictions, the company said on Monday.
Germany on Friday rejected a claim by Argentina that a request by airline Lufthansa to fly over Argentina en route to the Falkland Islands implied a recognition of them as Argentine territory.
The German airline Lufthansa has asked the Argentine government for permission to overfly its country en route to the Falklands, Argentina said on Thursday, adding that the request implies recognition of Falklands "as part of Argentine territory," the Foreign Ministry said.
Lufthansa is losing 1 million euros ($1.2 million) every two hours, "a significant improvement" over the low point of the COVID-19 crisis, the German airline group's chief executive said on Thursday.
Lufthansa subsidiary Eurowings will not lay off staff until March next year, trade union Verdi said on Monday, as part of efforts by the airline to rein in losses due to the coronavirus pandemic.
Lufthansa and its pilots have reached an agreement that secures jobs until end-March 2022 and could help reduce costs by as much as 450 million euros ($548 million), pilots' union Vereinigung Cockpit (VC) said on Wednesday.
Lufthansa and its pilots have reached an agreement that secures jobs until end-March 2022 and could help reduce costs by as much as 450 million euros ($548 million), pilots' union Vereinigung Cockpit (VC) said on Wednesday.
Bookings at Lufthansa have tripled for next Summer boosted by the imminent approval of a COVID-19 vaccine, Chief Executive Carsten Spohr told a German magazine, adding he expects business on average to reach half of 2019 levels next year.
Lufthansa will have to lay off 1,000 pilots in the second quarter if it cannot seal a wage agreement with unions, Chief Executive Carsten Spohr told German magazine Wirtschaftswoche.
Lufthansa will have shed 29,000 staff by the end of the year and the German airline will cut another 10,000 jobs in its home country next year as it struggles to cope with the coronavirus, a newspaper reported on Sunday.
A deal to cut costs and save jobs at Lufthansa has won the support of a majority of the Verdi trade union members who work for the German airline as ground staff, according to the results of a ballot seen by Reuters on Friday.
Finland's travel restrictions did not stop Lufthansa from adding new routes to Finnish Lapland for the upcoming holiday period, the German airline told Reuters on Friday.
German airline Lufthansa <LHAG.DE>, slashing costs as it struggles to cope with the impact of the COVID-19 pandemic, said on Tuesday it will stop offering free snacks to economy class passengers from next spring.
Many EU governments oppose common rules on the use of rapid COVID-19 tests, an internal document seen by Reuters says, in a new blow to airlines which are betting on fast-track testing to help bring the travel industry back to life.
(This story from November 11 corrects surname of new CFO throughout, first name of former CFO in paragraph 6)
German airline Lufthansa <LHAG.DE> said on Wednesday it had reached a new deal with trade union Verdi to cut 200 million euros (£178 million) in costs in return for making no compulsory redundancies in 2021.
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