Milan - Delayed Quote ? EUR Deutsche Lufthansa AG (1LHA.MI) Follow Compare 6.75 0.00 (0.00%) As of 4:55 PM GMT+2. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations European airlines demand 'level playing field' with Chinese rivals BRUSSELS (Reuters) -European airlines urged Brussels on Wednesday to do more to secure a level playing field in the industry, complaining that Chinese rivals enjoy a huge cost advantage because they can fly over Russia and do not face extra environmental costs. A number of carriers, including IAG-owned British Airways and Lufthansa have recently cancelled their routes to Beijing as they struggle with competition from Chinese airlines on Europe-Asia routes. Action is all the more important because many carriers are also facing delivery delays as planemakers Airbus and Boeing struggle with supply chain problems and, in Boeing's case, industrial action, the airlines said. Reuters ? 6 days ago LHA.DE Lufthansa fined a record $4 million for denying boarding to 128 Jews who didn’t know each other Lufthansa, Germany’s biggest airline, has been fined a record $4 million for discriminating against Jewish passengers, the US Department of Transportation announced Tuesday. CNN Business ? 6 days ago LHA.DE Lufthansa Fined $4 Million for Stopping 128 Jewish Passengers From Boarding Flight The Transportation Department said the fine is the largest it has issued against an airline for civil-rights violations. The Wall Street Journal ? 6 days ago DLAKF DLAKY US fines Lufthansa $4 million for treatment of Orthodox Jewish passengers on a 2022 flight The United States fined German airline Lufthansa $4 million for its treatment of a group of Jewish passengers who were denied boarding a 2022 flight in Frankfurt after they had flown to Germany from New York. The U.S. Transportation Department said Tuesday that the fine is the largest the agency has issued against an airline for civil-rights violations, although Lufthansa was given credit for $2 million for compensation it gave the passengers, cutting the fine in half. The department said most of the 128 passengers who were denied boarding “wore distinctive garb typically worn by Orthodox Jewish men." Associated Press Finance ? 6 days ago LHA.DE Lufthansa agrees to pay US $4 million penalty over treatment of Jewish passengers WASHINGTON (Reuters) -Lufthansa has agreed to pay a $4 million penalty for allegedly discriminating against Jewish passengers who were trying to board a connecting flight in Frankfurt in May 2022, the U.S. Transportation Department said on Tuesday. Lufthansa prohibited 128 Jewish passengers, nearly all of whom wore garments generally worn by Orthodox Jewish men, from boarding a connecting flight in Germany on the basis of alleged misbehavior by some passengers, the Transportation Department said. Reuters ? 7 days ago LHA.DE Lufthansa's risky Italy bet hinges on Rome airport expansion Lufthansa's long-promised turnaround of Italy's ITA Airways, crucial to help revive the German airline's fortunes, is interlinked with Rome airport Fiumicino's ability to implement an ambitious expansion plan. Struggling with high costs and prolonged delays in Boeing plane deliveries, Lufthansa CEO Carsten Spohr said on Oct. 1 that investing in further international growth - which includes the agreed purchase of a 41% stake in Alitalia successor ITA - would help to revamp the hard-hit Cologne-based carrier. Reuters ? 11 days ago LHA.DE Airlines Avoid Middle East, Ground Flights as Tensions Escalate Airlines are adjusting flight routes and grounding planes as the industry monitors the situation in the Middle East. The Wall Street Journal ? 20 days ago DLAKF DLAKY Lufthansa CEO aims to revive 'problem child' airline by 2026 Lufthansa is aiming to revive its core airline by 2026 as one of Europe's top carriers struggles more than its regional rivals with higher costs and prolonged delays in Boeing plane deliveries, its chief executive said. Carsten Spohr described the Lufthansa airline as the German group's "problem child" and said turning it around is a must for the wider company's success. Lufthansa, which also counts Austrian Airlines, Swiss and Eurowings among its carriers, has already issued two profit warnings this year, as spiralling wage costs, a squeeze on ticket prices and a tough aviation market make for a difficult recovery. Reuters ? 21 days ago LHA.DE BA ITA expects higher full-year revenue as it prepares to join Lufthansa group Italy's ITA Airways said on Friday it expects passenger revenue to increase by a quarter in 2024 from last year as it flies with fuller planes, after core profit turned positive in the first half. The Italian state-controlled carrier, which is soon to enter the Lufthansa group, expects full-year sales to hit 2.7 billion euros ($3.02 billion), with its load factor set to rise above 80% from 79% currently, CFO Claudio Faggiani said. "The cash allows the company to support the investment plan, which has more than doubled compared to the previous year," Turicchi told reporters in Milan. Reuters ? 25 days ago LHA.DE Lufthansa Cargo introduces environmental surcharge to meet SAF quotas Lufthansa Cargo is the first airline to apply a surcharge on shippers to help cover the cost of blending expensive alternative fuel with fossil fuel-based jet fuel. The post Lufthansa Cargo introduces environmental surcharge to meet SAF quotas appeared first on FreightWaves. FreightWaves ? 27 days ago LHA.DE Top German Dividend Stocks For September 2024 As global markets react to the recent Federal Reserve rate cut, European indices have shown mixed results, with Germany's DAX index posting a modest gain. Amid this backdrop of cautious optimism and monetary policy shifts, dividend stocks in Germany present a compelling option for investors seeking steady income. When evaluating dividend stocks, it's essential to consider companies with strong fundamentals and consistent payout histories. In the current market environment, characterized by... Simply Wall St. ? 27 days ago WKRCF HDELY HLBZF Lufthansa weighs cancelling Frankfurt-Beijing route due to competition Germany's Lufthansa is evaluating whether to cancel its daily Frankfurt-to-Beijing flights as increased competition, particularly from China, and higher costs of doing business in Europe hit its bottom line, a spokesperson said on Friday. "Lufthansa is continuously evaluating and optimising its entire route network," said a Lufthansa spokesperson. A final decision on whether to cut the connection from Frankfurt, Germany's busiest airport, will be made in October, said the spokesperson. Reuters ? last month LHA.DE What are share buybacks? A share repurchase, or share buyback, is when a company rebuys its own shares and returns money to its investors. Yahoo Finance UK ? last month ^FTSE ^GSPC NVDA Lufthansa Cargo invests more than $600M to overhaul Frankfurt hub Lufthansa is in the early stage of an expensive, multiyear renovation and expansion of its global cargo hub in Frankfurt, Germany. The post Lufthansa Cargo invests more than $600M to overhaul Frankfurt hub appeared first on FreightWaves. FreightWaves ? last month LHA.DE Lufthansa interested in airBaltic stake, source says German airline Lufthansa is considering taking a stake in Latvia's state-owned carrier airBaltic ahead of its IPO, a source familiar with the matter told Reuters on Tuesday. Europe's airline industry has gradually consolidated over the past 20 years but remains fragmented, with small national carriers struggling to compete with larger rivals. Lufthansa is assessing its options but it is in the early stages, the source said. Reuters ? last month LHA.DE Asian airlines equip 777 cargo jets with sharkskin system to reduce drag Three freighter operators are among the early adopters of an innovative aircraft coating inspired by sharks that makes aircraft more aerodynamic and fuel-efficient. The post Asian airlines equip 777 cargo jets with sharkskin system to reduce drag appeared first on FreightWaves. FreightWaves ? last month LHA.DE 9202.T 2618.TW Lufthansa targets Portugal for new maintenance facility The maintenance facility would seek to address the rise in demand for aircraft maintenance and repairs. Investment Monitor ? last month LHA.DE ERJ Key takeaways from the BLT conference including Air France, DHL, Lufthansa At the conference,? Air France-KLM?(EPA:AIRF) expressed cautious optimism regarding its future, despite some underlying challenges. The airline remains hopeful about modest growth in unit revenues, particularly as KLM experienced slight yield improvements over the summer months. There are also concerns about cost management, particularly if capacity growth falls short of expectations. Investing.com ? last month AFLYY LHA.DE DSDVF Heidelberg Materials And 2 Other Top German Dividend Stocks To Own As the European economy experiences a boost from the Paris Olympics and hopes rise for interest rate cuts by the ECB, Germany's DAX has seen a notable uptick. Amid this backdrop of cautious optimism, dividend stocks remain an attractive option for investors seeking stable returns. In this article, we will explore Heidelberg Materials and two other top German dividend stocks that stand out in today's market environment. These companies offer potential resilience and consistent income streams... Simply Wall St. ? last month DLAKF DLAKY WKRCF Airlines fly over Afghanistan as Middle East becomes the greater risk LONDON/SEOUL (Reuters) -Singapore Airlines, British Airways and Lufthansa have increased their flights over Afghanistan after years of largely avoiding it now the Middle East conflict has made it seem a relatively safe option. The carriers mostly stopped transiting Afghanistan, which lies on major routes between Asia and Europe, three years ago when the Taliban took over and air traffic control services stopped. Those services have yet to resume, but airlines increasingly consider the skies between Iran and Israel are riskier than Afghan airspace. Reuters ? last month SINGY ICAGY LHA.DE Performance Overview Trailing total returns as of 10/22/2024, which may include dividends or other distributions. Benchmark is DAX PERFORMANCE-INDEX Return 1LHA.MI DAX PERFORMANCE-INDEX YTD -12.35% +16.05% 1-Year +6.31% +31.37% 3-Year +27.57% +25.65%
