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Deutsche Lufthansa AG (DLAKY)
| Previous close | 7.32 |
| Open | 7.31 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 7.29 - 7.38 |
| 52-week range | 6.01 - 13.86 |
| Volume | |
| Avg. volume | 101,607 |
| Market cap | 8.793B |
| Beta (5Y monthly) | 1.55 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -2.11 |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 18 Oct 2021 |
| 1y target est | 6.50 |
- Reuters
Lufthansa in talks to sell 20% of maintenance arm Technik – sources
Lufthansa is holding talks with buyout funds as it seeks to sell about 20% of its aircraft maintenance business Technik, three sources familiar with the matter told Reuters. The German airline has abandoned plans to list a minority stake in the business given stock market volatility after Russia's invasion of Ukraine, the sources said, speaking on condition of anonymity. Citigroup and JPMorgan are advising on the stake sale which could value Technik, one of the biggest global players in aircraft repair, at five to eight billion euros ($5.35-$8.57 billion) including debt, two of the sources said.
- Reuters
Lufthansa aims for 20% stake in ITA Airways -source
FRANKFURT (Reuters) -Germany's Lufthansa wants to acquire a 20% stake in state-owned Italian airline ITA Airways, the successor to Alitalia, and its partner MSC is bidding for a 60% stake, a person familiar with the matter told Reuters on Tuesday. The Lufthansa-MSC duo made their offer to acquire a majority stake in ITA on Monday. MSC, also known as Mediterranean Shipping Group, has filed an offer together with Lufthansa and is awaiting the next steps, a company spokesperson said, declining to comment further.
- Reuters
German airline Condor eyes return to profitability next year
German leisure airline Condor may return to profitability from next year and aims to boost its fleet capacity as people rush to book long-awaited holidays after the lifting of COVID-19 restrictions. The carrier's announcement adds to the positive news coming from the travel sector, including strong sales at holiday Group TUI, Germany's flag carrier Lufthansa and airport operator Fraport. "I expect Condor to grow - if I have my way, quite significantly," Chief Executive Ralf Teckentrup, who plans to retire at the end of 2023, told Reuters in an interview.
