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London’s Heathrow Airport, the busiest airport in Europe prior to the pandemic, has asked airlines to discontinue summer sales as it struggles with staff shortages and delays. A statement released on Tuesday explained that the airport cannot cope with surging passenge...
Lufthansa saw significant free cash flow boost from net new bookings. Reactivation of Airbus A380 shows strong demand environment and supply chain driven delays at OEMs. Staff shortages put damper on pent-up demand materializing to Lufthansa's top line. For further details s...
Boeing wide body orders lifted by Lufthansa deal. Order momentum reduced while deliveries remained stable. Supply chain issues remain the biggest threat to Boeing's ability to produce and deliver. For further details see: Boeing Wins Big Aircraft Orders
Bank of America said in its latest report on the airline industry that is has yet to see any cracks in airline bookings, despite investors being concerned about a potential slowdown post peak summer travel. Notably, international volume crossed above the 2019 level for the first time since th...
MSC-Lufthansa is the better deal on the table. Synergies expected, thanks to MSC support on cruise and on cargo division. ITA Airways has a less intensive capital structure and is managed differently compared to predecessor Alitalia. For further details see: Lufthansa: S...
Demand significantly increased in the first quarter. Lufthansa Cargo once again reported a record result. Despite the uncertain outlook on fuel costs, Lufthansa's financial outlook is confirmed. For further details see: Deutsche Lufthansa: We See Better Alternatives
Deutsche Lufthansa AG (DLAKF) Q1 2022 Earnings Conference Call May 05, 2022, 05:00 ET Company Participants Dennis Weber - Head, IR Carsten Spohr - Chairman & CEO Remco Steenbergen - CFO Conference Call Participants Muneeba Kayani - BofA Jaime Rowbotham - Deutsche Bank James Hollins - BNP ...
Deutsche Lufthansa (OTCQX:DLAKF): Q1 GAAP EPS of -€0.49. Revenue of €5.36B (+109.4% Y/Y) misses by €200M. Press Release For further details see: Deutsche Lufthansa GAAP EPS of -€0.49, revenue of €5.36B misses by €200M
Travel will rebound strongly in 2022. Consumers are eager to travel and short-haul continental traffic will benefit from pent-up leisure demand. The closure of airspaces is a new blow for aviation and Covid is a headwind for China meaning the return to profitability may be pushed ...
Bank of America pointed to a strong upturn in airline bookings data that backs up the positive tone heard from carriers with their traffic and guidance updates. The firm said system net sales stepped up significantly to -15.4% compared to 2019 for the week ending March 13 vs. -25.4% compared ...
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COLOGNE, Germany, May 13, 2019 /PRNewswire/ -- Deutsche Lufthansa AG (LHA) based in Cologne, Germany , the largest European Airline, today announced that Dennis Weber , Head of Investor Relations will present at the dbVIC - Deutsche Bank American Depositary Receipt (A...