Deutsche Lufthansa AG (LHAG.DE)
LONDON (Reuters Breakingviews) - Thomas Cook’s best case may be a risky breakup. The struggling tour operator’s shares jumped around 16 percent on reports of a bid by Chinese group Fosun International or private equity firms KKR and EQT Partners. Either could involve selling off its airline, a tricky move that may leave an even weaker core business.
* PROMISSORY NOTE WAS ISSUED IN TERMS OF THREE AND FIVE YEARS Source text: https://bit.ly/2KOqJ3f Further company coverage: (Gdynia Newsroom)
BERLIN Lufthansa reported an operating loss of 336 million euros ($380 million) for the first three months of the year, hurt by rising fuel costs and excess capacity in Europe, sending its shares down on Tuesday. | Video
* Shares fall, drags other airlines lower (Updates shares, adds details)
CORRECTED-BRIEF-Lufthansa Group's Adjusted EBIT Declines To EUR -336 Mln (Not EUR 336 Mln) In First Quarter 2019
* DGAP-ADHOC: DEUTSCHE LUFTHANSA AG: LUFTHANSA GROUP'S ADJUSTED EBIT DECLINES TO EUR -336 MILLION IN THE FIRST QUARTER 2019
BRUSSELS Lufthansa on Friday lost its court challenge against millions of euros in state aid being granted to Frankfurt-Hahn airport to the benefit of rival Ryanair, after failing to prove the payments dented its revenue or market share.
* IN MARCH NUMBER OF PASSENGERS INCREASED BY 1.7 PERCENT COMPARED TO THE SAME MONTH LAST YEAR
BERLIN Germany's Lufthansa has made the first formal step toward selling its catering unit LSG, a company spokesman said on Wednesday.
BERLIN, April 10 Germany's Lufthansa has made the first formal step towards selling its catering unit LSG, a company spokesman said on Wednesday.
Budget airline EasyJet warned on Monday that European travelers were holding off booking their summer holidays for fear of how the Brexit process will end, weakening demand for tickets and prices. | Video