DLAKF News and Press, Deutsche Lufthansa AG From 05/03/23

2023-05-03 03:49:46 ET Deutsche Lufthansa press release ( OTCQX:DLAKF ): Q1 GAAP EPS of -€0.35. Revenue of €7.02B (+40.4% Y/Y). Adjusted EBIT in the first quarter of 2023 came to -€273M (previous year: -€577M); the Adjusted EBIT margin was ...

2023-04-13 08:31:14 ET Summary Airbus orders were slow but with an appreciable wide body component. Deliveries are falling behind expectations as we are not seeing year-over-year improvement. While Airbus had a higher production base to recover from compared to Boeing, both je...

2023-04-12 13:06:57 ET Summary Boeing saw healthy and balanced order inflow in March. Boeing deliveries are at highest point since the traditional strong December month. We're looking for more signs of consistently getting 50 airplanes out the door each month. While many f...

2023-04-03 12:06:18 ET Airline stocks traded lower on Monday in reaction to the surprise production cut announced over the weekend by major oil producers in the OPEC+ group. Saudi Arabia, the top producer in the group that includes Russia, will cut 500K barrels per day . The total n...

2023-03-31 07:29:57 ET Deutsche Bank turned constructive on European airlines on Friday on the view that the material outlook on the sector is improved. Analyst Jaime Rowbotham said the potential for operating profits in 2023 is now much higher than the firm thought previously despi...

2023-03-30 18:58:26 ET Summary Deutsche Lufthansa AG is set to offer a more premium and flexible experience meeting flexibility demands from travelers. Changes in cabin segmentation have varying results for different aircraft. Airbus A350s will be utilized on higher premium-de...

2023-03-14 08:43:58 ET Summary The German company is close to acquiring 40% of ITA Airways. New CAPEX investments, new hiring, and key managers (CEO and CFO) confirmed. With one year ahead, Lufthansa increased its target plan. Positive news, but the valuation is fair. Our equa...

2023-03-06 17:09:17 ET Summary DLAKF 2022 results were impressive, and the company has several tailwinds that should drive future growth and profitability. Strong travel demand and rising yield trends are expected to continue, supported by a robust balance sheet. Management re...

2023-03-06 15:54:13 ET The FAA paused traffic at both Jacksonville and Miami airports amid a traffic control issue on Monday afternoon, according to a safety notice. The notice indicated that both airports were “heavily impacted” by a radar issue, causing a gro...

2023-03-06 09:30:49 ET Summary Lufthansa ordered Airbus A350 and Boeing 787 airplanes. The airline group will significantly reduce specific fuel consumption. Order for Airbus A350-1000 could cast doubt on the future of Boeing 777-9 order. During the pandemic, we saw ...