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Earnings
Lufthansa sees Q3 adj. EBIT loss EUR1.26B vs. profit EUR1.30B last year » 09:27
10/20/20
10/20
09:27
10/20/20
09:27
DLAKY

Lufthansa

$0.00 /

+ (+0.00%)

The company states:…

The company states: "The corona crisis continued to have a considerable impact on Lufthansa Group's earnings development in the third quarter of 2020. However, due to an expansion of the flight schedule in the summer months of July and August and considerable cost reductions, losses were reduced compared to the second quarter. On a preliminary basis, Adjusted EBIT in Q3 was EUR -1,262 million (previous year: EUR 1,297 million). After nine months, the operating loss was EUR -4,161 million (previous year: EUR 1,715 million). At the end of September, the Group had liquidity of EUR 10.1 billion at its disposal. This figure includes undrawn funds from the EUR 9 billion stabilization packages from Germany, Switzerland, Austria and Belgium. Out of those, EUR 6.3 billion are still available. The Group is also in a position to withstand further burdens from the corona pandemic. Demand for air travel is expected to remain low in the coming winter months due to the global evolution of the pandemic and the associated travel restrictions. According to current planning, the Group's airlines will only offer a maximum of 25% of the previous year's capacity in the fourth quarter to ensure that flight operations continue to generate a positive cash contribution. At the same time, Lufthansa Group is working intensively on restructuring measures in all business segments in order to achieve short and medium-term cost savings and minimize the operating cash outflow."

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DLAKY Lufthansa
$0.00 /

+ (+0.00%)

DLAKY Lufthansa
$0.00 /

+ (+0.00%)

10/19/20 Barclays
Lufthansa price target raised to EUR 5.70 from EUR 4.30 at Barclays
10/16/20 Deutsche Bank
Lufthansa price target lowered to EUR 5.20 from EUR 5.70 at Deutsche Bank
08/17/20 Bernstein
Air France-KLM downgraded to Market Perform from Outperform at Bernstein
08/10/20 Berenberg
Lufthansa price target lowered to EUR 6.50 from EUR 8 at Berenberg
DLAKY Lufthansa
$0.00 /

+ (+0.00%)

DLAKY Lufthansa
$0.00 /

+ (+0.00%)

Recommendations
Lufthansa price target raised to EUR 5.70 from EUR 4.30 at Barclays » 12:20
10/19/20
10/19
12:20
10/19/20
12:20
DLAKY

Lufthansa

$0.00 /

+ (+0.00%)

Barclays analyst Rishika…

Barclays analyst Rishika Savjani raised the firm's price target on Lufthansa to EUR 5.70 from EUR 4.30 and keeps an Underweight rating on the shares.

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DLAKY Lufthansa
$0.00 /

+ (+0.00%)

DLAKY Lufthansa
$0.00 /

+ (+0.00%)

10/16/20 Deutsche Bank
Lufthansa price target lowered to EUR 5.20 from EUR 5.70 at Deutsche Bank
08/17/20 Bernstein
Air France-KLM downgraded to Market Perform from Outperform at Bernstein
08/10/20 Berenberg
Lufthansa price target lowered to EUR 6.50 from EUR 8 at Berenberg
07/09/20 Citi
Citi sees expectations for corporate travel rebound all but evaporating
DLAKY Lufthansa
$0.00 /

+ (+0.00%)

DLAKY Lufthansa
$0.00 /

+ (+0.00%)

Recommendations
Lufthansa price target lowered to EUR 5.20 from EUR 5.70 at Deutsche Bank » 13:39
10/16/20
10/16
13:39
10/16/20
13:39
DLAKY

Lufthansa

$0.00 /

+ (+0.00%)

Deutsche Bank analyst…

Deutsche Bank analyst Jaime Rowbotham lowered the firm's price target on Lufthansa to EUR 5.20 from EUR 5.70 and keeps a Sell rating on the shares.

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DLAKY Lufthansa
$0.00 /

+ (+0.00%)

DLAKY Lufthansa
$0.00 /

+ (+0.00%)

08/17/20 Bernstein
Air France-KLM downgraded to Market Perform from Outperform at Bernstein
08/10/20 Berenberg
Lufthansa price target lowered to EUR 6.50 from EUR 8 at Berenberg
07/09/20 Citi
Citi sees expectations for corporate travel rebound all but evaporating
06/15/20 Redburn
Lufthansa downgraded to Sell from Neutral at Redburn
DLAKY Lufthansa
$0.00 /

+ (+0.00%)

DLAKY Lufthansa
$0.00 /

+ (+0.00%)

Periodicals
Lufthansa CEO says airline far from breaking even, Reuters reports » 14:47
10/05/20
10/05
14:47
10/05/20
14:47
DLAKY

Lufthansa

$0.00 /

+ (+0.00%)

Lufthansa CEO Carsten…

Lufthansa CEO Carsten Spohr said that the airline is burning cash at a rate of EUR500M per month and is not close to breaking even, Reuters' Ilona Wissenbach reports. Speaking at an event run by the BDI association of German industrial companies in Berlin, the CEO said that the company was hoping to stop the outflow of cash once it reached a utilization rate of roughly 50% for seat capacity, Wissenbach says. "That is absolutely not foreseeable. We are happy if we can reach 20% during winter," he added. Reference Link

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DLAKY Lufthansa
$0.00 /

+ (+0.00%)

DLAKY Lufthansa
$0.00 /

+ (+0.00%)

08/17/20 Bernstein
Air France-KLM downgraded to Market Perform from Outperform at Bernstein
08/10/20 Berenberg
Lufthansa price target lowered to EUR 6.50 from EUR 8 at Berenberg
07/09/20 Citi
Citi sees expectations for corporate travel rebound all but evaporating
06/15/20 Redburn
Lufthansa downgraded to Sell from Neutral at Redburn
DLAKY Lufthansa
$0.00 /

+ (+0.00%)

DLAKY Lufthansa
$0.00 /

+ (+0.00%)

Over a month ago
Downgrade
Air France-KLM downgraded to Market Perform from Outperform at Bernstein » 16:17
08/17/20
08/17
16:17
08/17/20
16:17
AFLYY

Air France-KLM

$0.00 /

+ (+0.00%)

, ICAGY

IAG

$0.00 /

+ (+0.00%)

, DLAKY

Lufthansa

$0.00 /

+ (+0.00%)

Bernstein analyst Daniel…

Bernstein analyst Daniel Roeska downgraded Air France-KLM (AFLYY) to Market Perform from Outperform with a EUR 4 price target. The post-COVID recovery for business and long-haul air travel will take longer than expected, which "significantly impairs" the outlooks for the three network airline groups in Europe, Roeska tells investors in a research note. The analyst downgrades Air France-KLM, keeps an Outperform rating on top pick IAG (ICAGY), and a Market Perform rating on Lufthansa (DLAKY).

ShowHide Related Items >><<
ICAGY IAG
$0.00 /

+ (+0.00%)

DLAKY Lufthansa
$0.00 /

+ (+0.00%)

AFLYY Air France-KLM
$0.00 /

+ (+0.00%)

AFLYY Air France-KLM
$0.00 /

+ (+0.00%)

08/04/20 Berenberg
Air France-KLM price target lowered to EUR 3.20 from EUR 4.75 at Berenberg
08/03/20 Barclays
Air France-KLM price target lowered to EUR 3.30 from EUR 3.60 at Barclays
07/15/20 Morgan Stanley
Air France-KLM price target lowered to EUR 3 from EUR 4 at Morgan Stanley
07/09/20 Citi
Citi sees expectations for corporate travel rebound all but evaporating
ICAGY IAG
$0.00 /

+ (+0.00%)

08/04/20 Berenberg
IAG price target lowered to 300 GBp from 375 GBp at Berenberg
08/04/20 BofA
IAG downgraded to Neutral from Buy at BofA
08/04/20 BofA
IAG downgraded to Neutral from Buy at BofA
08/03/20 Barclays
IAG price target lowered to 188 GBp from 335 GBp at Barclays
DLAKY Lufthansa
$0.00 /

+ (+0.00%)

08/10/20 Berenberg
Lufthansa price target lowered to EUR 6.50 from EUR 8 at Berenberg
06/15/20 Redburn
Lufthansa downgraded to Sell from Neutral at Redburn
06/10/20 UBS
Lufthansa downgraded to Sell from Buy at UBS
ICAGY IAG
$0.00 /

+ (+0.00%)

DLAKY Lufthansa
$0.00 /

+ (+0.00%)

AFLYY Air France-KLM
$0.00 /

+ (+0.00%)

ICAGY IAG
$0.00 /

+ (+0.00%)

DLAKY Lufthansa
$0.00 /

+ (+0.00%)

AFLYY Air France-KLM
$0.00 /

+ (+0.00%)

Recommendations
Lufthansa price target lowered to EUR 6.50 from EUR 8 at Berenberg » 13:15
08/10/20
08/10
13:15
08/10/20
13:15
DLAKY

Lufthansa

$0.00 /

+ (+0.00%)

Berenberg analyst Adrian…

Berenberg analyst Adrian Yanoshik lowered the firm's price target on Lufthansa to EUR 6.50 from EUR 8 and keeps a Sell rating on the shares.

ShowHide Related Items >><<
DLAKY Lufthansa
$0.00 /

+ (+0.00%)

DLAKY Lufthansa
$0.00 /

+ (+0.00%)

07/09/20 Citi
Citi sees expectations for corporate travel rebound all but evaporating
06/15/20 Redburn
Lufthansa downgraded to Sell from Neutral at Redburn
06/10/20 UBS
Lufthansa downgraded to Sell from Buy at UBS
06/09/20 Barclays
Lufthansa price target lowered to EUR 4.50 from EUR 6.20 at Barclays
DLAKY Lufthansa
$0.00 /

+ (+0.00%)

DLAKY Lufthansa
$0.00 /

+ (+0.00%)

Over a quarter ago
Recommendations
Citi sees expectations for corporate travel rebound all but evaporating » 07:54
07/09/20
07/09
07:54
07/09/20
07:54
ALK

Alaska Air

$36.25 /

+0.125 (+0.35%)

, LUV

Southwest

$32.90 /

-0.125 (-0.38%)

, DAL

Delta Air Lines

$27.03 /

+0.01 (+0.04%)

, JBLU

JetBlue

$10.60 /

+0.1 (+0.95%)

, UAL

United Airlines

$32.54 /

-0.02 (-0.06%)

, SAVE

Spirit Airlines

$16.73 /

-0.055 (-0.33%)

, AAL

American Airlines

$11.99 /

+0.07 (+0.59%)

, AFLYY

Air France-KLM

$0.00 /

+ (+0.00%)

, ICAGY

IAG

$0.00 /

+ (+0.00%)

, DLAKY

Lufthansa

$0.00 /

+ (+0.00%)

, RYAAY

Ryanair

$66.23 /

-0.71 (-1.06%)

, WZZZY

Wizz Air

$0.00 /

+ (+0.00%)

Expectations of any form…

Expectations of any form of a corporate travel rebound in the next year "will likely all but evaporate" given the lack of employees in the office and the ensuing litigation risks of sending employees abroad, Citi analyst Mark Manduca tells investors in a research note. The analyst believes long-haul airlines that rely on a hub will struggle throughout Q3 and Q4 since "short-haul feeder routes will become neutered by the lack of long-haul traffic." Without a vaccine, the three network carriers in Europe, Air France- KLM (AFLYY), IAG (ICAGY) and Lufthansa (DLAKY), will "weaken financially" over the next year and burn "significantly" more cash than investors currently forecast, says Manduca. For investors that want to be involved in airlines at all, the "only responsible methodology" is to focus on short-haul, point-to-point names like Ryanair (RYAAY) and Wizz Air (WZZZY), contends the analyst. Publicly traded companies in the U.S. airlines space include Alaska Air (ALK), American Airlines (AAL), Delta Air Lines (DAL), JetBlue (JBLU), Southwest (LUV), Spirit Airlines (SAVE) and United Airlines (UAL).

ShowHide Related Items >><<
UAL United Airlines
$32.54 /

-0.02 (-0.06%)

SAVE Spirit Airlines
$16.73 /

-0.055 (-0.33%)

RYAAY Ryanair
$66.23 /

-0.71 (-1.06%)

LUV Southwest
$32.90 /

-0.125 (-0.38%)

JBLU JetBlue
$10.60 /

+0.1 (+0.95%)

ICAGY IAG
$0.00 /

+ (+0.00%)

DLAKY Lufthansa
$0.00 /

+ (+0.00%)

DAL Delta Air Lines
$27.03 /

+0.01 (+0.04%)

ALK Alaska Air
$36.25 /

+0.125 (+0.35%)

AFLYY Air France-KLM
$0.00 /

+ (+0.00%)

AAL American Airlines
$11.99 /

+0.07 (+0.59%)

ALK Alaska Air
$36.25 /

+0.125 (+0.35%)

06/29/20 Goldman Sachs
Alaska Air price target raised to $63 from $51 at Goldman Sachs
06/22/20 Raymond James
Alaska Air price target raised to $44 from $40 at Raymond James
06/16/20 Stifel
United loyalty deal raises odds of survival without restructuring, says Stifel
06/10/20 JPMorgan
Alaska Air price target raised to $54 from $43 at JPMorgan
LUV Southwest
$32.90 /

-0.125 (-0.38%)

06/29/20
Fly Intel: Top five analyst upgrades
06/28/20 Goldman Sachs
Southwest upgraded to Buy from Sell at Goldman Sachs
06/17/20
Fly Intel: Top five analyst initiations
06/17/20 Seaport Global
Southwest initiated with a Buy at Seaport Global
DAL Delta Air Lines
$27.03 /

+0.01 (+0.04%)

06/29/20 Goldman Sachs
Delta Air Lines price target raised to $38 from $33 at Goldman Sachs
06/10/20 JPMorgan
Delta Air Lines price target lowered to $41 from $45 at JPMorgan
06/05/20 Credit Suisse
American stock reaction to demand commentary 'confounding,' says Credit Suisse
JBLU JetBlue
$10.60 /

+0.1 (+0.95%)

06/29/20 Goldman Sachs
JetBlue price target raised to $17 from $12 at Goldman Sachs
06/17/20 Seaport Global
JetBlue initiated with a Buy at Seaport Global
06/10/20
Fly Intel: Top five analyst downgrades
UAL United Airlines
$32.54 /

-0.02 (-0.06%)

06/29/20 Goldman Sachs
United Airlines price target raised to $61 from $40 at Goldman Sachs
06/17/20 Seaport Global
United Airlines initiated with a Buy at Seaport Global
SAVE Spirit Airlines
$16.73 /

-0.055 (-0.33%)

06/29/20 Goldman Sachs
Spirit Airlines price target raised to $20 from $15 at Goldman Sachs
06/17/20 Seaport Global
Spirit Airlines initiated with a Buy at Seaport Global
AAL American Airlines
$11.99 /

+0.07 (+0.59%)

06/17/20 Seaport Global
American Airlines initiated with a Buy at Seaport Global
06/17/20 Cowen
American Airlines price target raised to $20 from $15 at Cowen
AFLYY Air France-KLM
$0.00 /

+ (+0.00%)

06/15/20 Redburn
Air France-KLM downgraded to Sell from Neutral at Redburn
06/04/20 Berenberg
Air France-KLM price target lowered to EUR 4.75 from EUR 7 at Berenberg
04/28/20 Redburn
Air France-KLM downgraded to Neutral on slower than expected recovery at Redburn
04/28/20 Redburn
Air France-KLM downgraded to Neutral from Buy at Redburn
ICAGY IAG
$0.00 /

+ (+0.00%)

06/05/20 Deutsche Bank
Deutsche Bank presents more cautious outlook on IAG
06/04/20 Berenberg
IAG price target lowered to 375 GBp from 450 GBp at Berenberg
04/30/20 Goldman Sachs
IAG downgraded to Neutral from Buy at Goldman Sachs
04/30/20 Oddo BHF
IAG downgraded to Neutral from Buy at Oddo BHF
DLAKY Lufthansa
$0.00 /

+ (+0.00%)

06/15/20 Redburn
Lufthansa downgraded to Sell from Neutral at Redburn
06/10/20 UBS
Lufthansa downgraded to Sell from Buy at UBS
06/09/20 Barclays
Lufthansa price target lowered to EUR 4.50 from EUR 6.20 at Barclays
06/05/20 Bernstein
Lufthansa downgraded to Market Perform from Outperform at Bernstein
RYAAY Ryanair
$66.23 /

-0.71 (-1.06%)

05/20/20 Barclays
Ryanair price target lowered to EUR 11.60 from EUR 12.30 at Barclays
05/20/20 UBS
Ryanair price target lowered to EUR 13.50 from EUR 13.85 at UBS
04/24/20 Barclays
Ryanair price target lowered to EUR 12.30 from EUR 17.10 at Barclays
WZZZY Wizz Air
$0.00 /

+ (+0.00%)

UAL United Airlines
$32.54 /

-0.02 (-0.06%)

SAVE Spirit Airlines
$16.73 /

-0.055 (-0.33%)

LUV Southwest
$32.90 /

-0.125 (-0.38%)

JBLU JetBlue
$10.60 /

+0.1 (+0.95%)

ICAGY IAG
$0.00 /

+ (+0.00%)

DLAKY Lufthansa
$0.00 /

+ (+0.00%)

DAL Delta Air Lines
$27.03 /

+0.01 (+0.04%)

ALK Alaska Air
$36.25 /

+0.125 (+0.35%)

AAL American Airlines
$11.99 /

+0.07 (+0.59%)

  • 23
    Jun
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    May
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    Apr
  • 22
    Apr
UAL United Airlines
$32.54 /

-0.02 (-0.06%)

RYAAY Ryanair
$66.23 /

-0.71 (-1.06%)

LUV Southwest
$32.90 /

-0.125 (-0.38%)

JBLU JetBlue
$10.60 /

+0.1 (+0.95%)

ICAGY IAG
$0.00 /

+ (+0.00%)

DLAKY Lufthansa
$0.00 /

+ (+0.00%)

DAL Delta Air Lines
$27.03 /

+0.01 (+0.04%)

ALK Alaska Air
$36.25 /

+0.125 (+0.35%)

AFLYY Air France-KLM
$0.00 /

+ (+0.00%)

AAL American Airlines
$11.99 /

+0.07 (+0.59%)

UAL United Airlines
$32.54 /

-0.02 (-0.06%)

SAVE Spirit Airlines
$16.73 /

-0.055 (-0.33%)

LUV Southwest
$32.90 /

-0.125 (-0.38%)

JBLU JetBlue
$10.60 /

+0.1 (+0.95%)

DAL Delta Air Lines
$27.03 /

+0.01 (+0.04%)

ALK Alaska Air
$36.25 /

+0.125 (+0.35%)

AAL American Airlines
$11.99 /

+0.07 (+0.59%)

UAL United Airlines
$32.54 /

-0.02 (-0.06%)

SAVE Spirit Airlines
$16.73 /

-0.055 (-0.33%)

LUV Southwest
$32.90 /

-0.125 (-0.38%)

JBLU JetBlue
$10.60 /

+0.1 (+0.95%)

DAL Delta Air Lines
$27.03 /

+0.01 (+0.04%)

ALK Alaska Air
$36.25 /

+0.125 (+0.35%)

AAL American Airlines
$11.99 /

+0.07 (+0.59%)

Hot Stocks
Lufthansa to reduce number of leadership positions by 20% » 12:45
07/07/20
07/07
12:45
07/07/20
12:45
DLAKY

Lufthansa

$0.00 /

+ (+0.00%)

The executive board of…

The executive board of Lufthansa has approved a second set of measures as part of its overall restructuring program in the wake of the coronavirus crisis. With the first set of measures launched in early April it had been decided, among other things, to reduce the fleet by 100 aircraft and not to resume the flight operations of Germanwings. The comprehensive restructuring program entitled "ReNew" is scheduled to run until December 2023 and is headed by Dr. Detlef Kayser, Member of the Lufthansa Group Executive Board and responsible for Airline Resources & Operations Standards. It also includes restructuring programs that are already underway at the Group's airlines and service companies. These will continue unchanged. In detail, the following resolutions were adopted by the Group Executive Board and communicated internally: Following the downsizing of the Executive Board of Deutsche Lufthansa AG, the executive board and management bodies of the subsidiaries will be reduced in size compared with 2019. In a first step, the number of board members was reduced by one position each at Lufthansa Cargo AG, LSG Group, and Lufthansa Aviation Training; Government loans and equity participations are to be reduced as quickly as possible to avoid a further increase in interest charges; The number of leadership positions throughout the Group will be reduced by 20%; The administration of Deutsche Lufthansa AG will be reduced by 1,000 positions; The process of transforming Lufthansa Airline into a separate corporate entity is being accelerated; The already planned reduction of sub-fleets and the bundling of flight operations will be implemented. This measure includes the long- and short-haul leisure business at the Frankfurt and Munich hubs. At Lufthansa alone, 22 aircraft have already been phased out ahead of schedule, including six Airbus A380, eleven Airbus A320 and five Boeing 747-400 aircraft; The financial planning up to 2023 provides for the acceptance of a maximum of 80 new aircraft into the Lufthansa Group carriers' fleets. This will reduce the investment volume for new aircraft by half. Due to the long-term effects of the coronavirus pandemic, which are particularly serious for air travel, there is a calculated personnel surplus of at least 22,000 full-time positions in the companies of Lufthansa Group even in the period following the crisis. Nearly all airlines worldwide are currently affected by personnel surplus. In contrast to many of its competitors, Lufthansa will continue to avoid layoffs wherever possible. This requires agreements on crisis-related measures with unions and social partners representing the Lufthansa employees. So far, negotiations have only been successful with the UFO cabin union.

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DLAKY Lufthansa
$0.00 /

+ (+0.00%)

DLAKY Lufthansa
$0.00 /

+ (+0.00%)

06/15/20 Redburn
Lufthansa downgraded to Sell from Neutral at Redburn
06/10/20 UBS
Lufthansa downgraded to Sell from Buy at UBS
06/09/20 Barclays
Lufthansa price target lowered to EUR 4.50 from EUR 6.20 at Barclays
06/05/20 Bernstein
Lufthansa downgraded to Market Perform from Outperform at Bernstein
DLAKY Lufthansa
$0.00 /

+ (+0.00%)

DLAKY Lufthansa
$0.00 /

+ (+0.00%)

Hot Stocks
Lufthansa shareholders accept EUR9B German government rescue package » 13:02
06/25/20
06/25
13:02
06/25/20
13:02
DLAKY

Lufthansa

$0.00 /

+ (+0.00%)

Lufthansa shareholders…

Lufthansa shareholders have voted in favor of accepting the capital measures and the participation of the Economic Stabilisation Fund of the Federal Republic of Germany in Deutsche Lufthansa AG. The corresponding proposal received the necessary majority at today's Extraordinary General Meeting of the company. The package provides for stabilization measures and loans of up to EUR9B. The WSF will make silent capital contributions of up to EUR5.7B to the assets of Deutsche Lufthansa AG. It will also establish a 20% stake in the share capital of Deutsche Lufthansa AG by way of a capital increase. This capital increase was approved at today's Extraordinary General Meeting. The shareholders also voted in favor of granting two conversion rights for parts of the silent capital contributions. These conversion rights are intended, on the one hand, to safeguard the Federal Government in case of a takeover of Lufthansa and, on the other hand, to secure the interest payments for the silent capital contribution. Both conversion rights can be transformed into a further five percent of the company's share capital should these conditions be met. The package will be supplemented by a loan of up to EUR3B with the participation of KfW and private banks. As a result of the resolution of the Extraordinary General Meeting, the company's liquidity is secured on a sustained basis. The companies of Lufthansa Group are working at full speed to get their operations up and running again. The airlines' flight schedules will therefore be consistently expanded in the coming weeks. The flight schedule for the next few weeks will be published at the beginning of next week. The plan is to include 90% of all originally planned short-haul destinations and 70% of all long-haul destinations in the flight schedule again by September.

ShowHide Related Items >><<
DLAKY Lufthansa
$0.00 /

+ (+0.00%)

DLAKY Lufthansa
$0.00 /

+ (+0.00%)

06/15/20 Redburn
Lufthansa downgraded to Sell from Neutral at Redburn
06/10/20 UBS
Lufthansa downgraded to Sell from Buy at UBS
06/09/20 Barclays
Lufthansa price target lowered to EUR 4.50 from EUR 6.20 at Barclays
06/05/20 Bernstein
Lufthansa downgraded to Market Perform from Outperform at Bernstein
DLAKY Lufthansa
$0.00 /

+ (+0.00%)

DLAKY Lufthansa
$0.00 /

+ (+0.00%)

Periodicals
Lufthansa draws up backup plan to avoid insolvency, Reuters reports » 14:01
06/24/20
06/24
14:01
06/24/20
14:01
DLAKY

Lufthansa

$0.00 /

+ (+0.00%)

Lufthansa has drafted a…

Lufthansa has drafted a plan to avoid insolvency should a stakeholder vote this week fail to give the OK to a $10B government bailout, Reuters' Ilona Wissenbach reports, citing a company source. The German government could still get a 20% holding in the airline, as originally envisaged, but under a new plan this would occur in two steps, without the need for investors' approval, Wissenbach says. Reference Link

ShowHide Related Items >><<
DLAKY Lufthansa
$0.00 /

+ (+0.00%)

DLAKY Lufthansa
$0.00 /

+ (+0.00%)

06/15/20 Redburn
Lufthansa downgraded to Sell from Neutral at Redburn
06/10/20 UBS
Lufthansa downgraded to Sell from Buy at UBS
06/09/20 Barclays
Lufthansa price target lowered to EUR 4.50 from EUR 6.20 at Barclays
06/05/20 Bernstein
Lufthansa downgraded to Market Perform from Outperform at Bernstein
DLAKY Lufthansa
$0.00 /

+ (+0.00%)

DLAKY Lufthansa
$0.00 /

+ (+0.00%)

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