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Lufthansa

Technical Summary

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News

Air France-KLM falls as HSBC downgrades to 'hold'

BUZZ-Air France-KLM falls as HSBC downgrades to 'hold' ** Shares of Air France-KLM AIRF.PA are down 1% after falling as much as 2.4% as HSBC downgraded to "hold" from "buy" ** It flags low traffic due to the Olympics and weaker efforts to restructure company cost base by the new French government ** "Unit costs increased by 4% YoY in Q1, and the co
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Lufthansa turns negative after guidance cut

BUZZ-Lufthansa turns negative after guidance cut ** Shares in Lufthansa LHAG.DE reverse course and fall as much as 3.8% after the German carrier cuts its FY earnings guidance, due to market-related decline in yields in all traffic regions, especially in Asia ** "Market was somewhat expecting this in the context that if you looked at the short inter
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Germany's Lufthansa cuts 2024 profit target for a second time

UPDATE 3-Germany's Lufthansa cuts 2024 profit target for a second time Updates share moves in paragraph 3, context on earlier profit warning in paragraph 8 By Joanna Plucinska, Ludwig Burger and Ozan Ergenay LONDON/FRANKFURT, July 12 (Reuters) - Deutsche Lufthansa LHAG.DE slashed its 2024 earnings guidance for a second time and issued a profit warning for its second quarter on Friday as one of Europe's top airlines struggles with low returns and operations problems.
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Lufthansa cuts 2024 earnings target on low yields

Lufthansa cuts 2024 earnings target on low yields FRANKFURT, July 12 (Reuters) - German airline group Deutsche Lufthansa LHAG.DE on Friday slashed its earnings guidance for the year, citing low yields. Lufthansa now expects adjusted 2024 earnings before interest and taxes between 1.4 billion euros ($1.5 billion) and 1.8 billion, down from a previous target of about 2.2 billion, it said in a statement.
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Norwegian Air to add environmental charge to fares, 'probably' in 2025

Norwegian Air to add environmental charge to fares, 'probably' in 2025 By Agata Rybska July 12 (Reuters) - Norwegian Air NAS.OL has become the latest airline to say it will add an environmental charge to its ticket prices, with CEO Geir Karlsen telling Reuters the move will "probably" be introduced next year. The budget airline currently adds a small biofuel charge for some corporate customers, which Karlsen described as "mariginal".
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