Streetbeat News

DLAKY

Deutsche Lufthansa AG

https://www.lufthansagroup.com/

CEO

Carsten Spohr

Open

8.24

Mkt cap

9.7B

Volume

12K

High

8.27

P/E Ratio

6.67

52-wk high

8.78

Low

8.05

Div yield

0.04

52-wk low

5.69

Lufthansa Group, formerly Deutsche Lufthansa AG, is expected to see positive earnings in 2025 due to a strong industry outlook, solid balance sheet, and potential from MRO and ITA integration. The stock is currently undervalued, making it a buy.

Portfolio Pulse from

March 10, 2025 | 6:00 am

Lufthansa Technik specializes in customizing private jets for high-net-worth clients, with projects costing between $50 million to $120 million. The process, led by VP Fabian Nagel, takes about a year and includes unique features like flying hospitals and gyms.

Portfolio Pulse from

March 05, 2025 | 1:45 am

The article discusses Lufthansa as a potential investment opportunity if Russia opens its skies to European airlines. This move could benefit Lufthansa by expanding its flight routes and increasing passenger traffic.

Portfolio Pulse from

February 26, 2025 | 4:15 pm

Lufthansa will resume flights to and from Tel Aviv starting February 1, following a ceasefire agreement between Israel and Hamas.

Portfolio Pulse from

January 16, 2025 | 9:30 am

Deutsche Lufthansa reported Q3 2024 earnings per share of $1.01, surpassing the analyst estimate of $0.94. However, its sales of $11.802 billion fell short of the expected $11.974 billion, despite a 5.53% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 9:34 am

The U.S. Transportation Department has fined Lufthansa, KLM Royal Dutch Airways, and South African Airways a total of $2.5 million for delays in issuing COVID-19-related refunds. Lufthansa and KLM each face $1.1 million in penalties. The DOT has facilitated nearly $4 billion in refunds, including $600 million for Southwest Airlines' holiday meltdown in 2022.

Portfolio Pulse from Vandana Singh

June 04, 2024 | 2:06 pm

Lufthansa (OTC:DLAKY) has temporarily halted its flights to Tehran due to the ongoing crisis in the Middle East, following a suspected Israeli airstrike on the Iranian embassy in Syria. The suspension, which began on April 6, is expected to last until at least April 11, reflecting the airline's commitment to safety. This decision comes amid heightened tensions in the region, with the U.S. warning of potential Iranian retaliatory attacks. The situation has also led to a sharp rally in oil prices.

Portfolio Pulse from Benzinga Neuro

April 11, 2024 | 7:11 am

Lufthansa Group has chosen Viasat to upgrade in-flight connectivity across over 150 aircraft, aiming to enhance passenger experience. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 12:08 pm

Several significant business events have occurred. Ford of Canada has reached a collective agreement with Unifor union, including wage increases and pension improvements. Amazon has invested $4 billion in AI startup Anthropic. PhonePe, backed by Walmart, has launched the Indus AppStore Developer Platform to challenge Google's dominance in India. Goodyear plans to redefine its operational presence in the Asia Pacific region. Pfizer's RSVpreF vaccine has been recommended by the CDC for pregnant people. Mercedes Benz has partnered with Mastercard to introduce in-car digital payments. Novartis plans to spin-off the Sandoz business. Eisai and Biogen's Alzheimer treatment Leqembi has been approved in Japan. Alcoa has appointed William F. Oplinger as President and CEO. TransCode Therapeutics' stock is trading higher after positive results with its therapeutic candidate, TTX-MC138. Tyson Foods and Perdue Farms are under investigation over alleged child labor violations. OpenAI has unveiled a new feature for its ChatGPT application, enabling verbal responses. Apple's iOS 17 update allows users to opt for a search engine other than Google. Austrian Airlines faced backlash for making inaccurate environmental claims.

Portfolio Pulse from Vandana Singh

September 25, 2023 | 2:58 pm

Austrian Airlines, a subsidiary of Deutsche Lufthansa AG (OTC:DLAKY), has been reprimanded by a court for making misleading environmental claims. The airline had advertised that its flights to an art exhibition in Venice would be operated using 100% sustainable aviation fuel, but it was revealed that only 5% of the fuel used was from renewable sources. Following the ruling, the airline was ordered to display the court's decision on its website and social media platforms and cover the legal fees of the consumer-protection association.

Portfolio Pulse from Akanksha Bakshi

September 25, 2023 | 2:23 pm

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