DLAKY News and Press, Deutsche Lufthansa AG ADR From 06/06/23

2023-06-06 20:20:20 ET Summary IATA has significantly increased its forecast profits for 2023. U.S. Global Jets ETF is not the desired way to capitalize on this as growth is driven by European airlines, which have low exposure in the ETF. North America remains a very strong re...

2023-06-05 08:09:27 ET The global airline sector received a shot of confidence from the International Air Transport Association, which announced an expected strengthening of airline industry profitability in an upgrade of its outlook for 2023. IATA forecast airline industry net prof...

2023-05-30 03:55:43 ET Summary The take-over of the Italian national airline makes strategic sense for Lufthansa Group but comes with significant execution risks. Despite a net loss in Q1 2023, Lufthansa Group's outlook for the year is positive. Current risk/reward ratio for n...

2023-05-15 08:57:02 ET Swiss drugmaker Novartis ( NYSE: NVS ) named a 10-member board on Monday for its Sandoz generics drug business ahead of its planned spinoff in H2 2023. The team led by Sandoz Chairman-designate Gilbert Ghostine is expected to begin preparatory work in June...

2023-05-08 05:26:56 ET Summary The company limited Q1 loss at €467 million and now estimates a record 2023 summer. Revenue was up 40% to €7.02 billion with an upgrade from S&P rating agency. Aside from the summer recovery, the group is confident for the whole...

2023-05-07 11:20:25 ET Deutsche Lufthansa AG (DLAKF) Q1 2023 Earnings Conference Call May 3, 2023 4:00 A.M. ET Company Participants Dennis Weber - Head of Investor Relations Carsten Spohr - Chief Executive Officer Remco Steenbergen - Chief Financial Officer ...

2023-04-24 07:00:44 ET Berlin Brandenburg airport announced the cancellation of all departures on Monday as workers in the German capital’s airport walked out in protest. “Due to the announced warning strike at the aviation security controls, no departures are poss...

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...

2023-03-30 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...