Lufthansa : Dead money for a few months at best
>An untenable strategic position on Eurowings… - We were particularly surprised by the scale of the warning issued by Lufthansa on Eurowings. To explain the decline in its unit revenue in FY 2019 (-6%e vs +0.5%e previously), the company emphasised a tougher competitive environment on the European network and particularly on routes in head-on competition with low-cost carriers (Austria, Düsseldorf, Stuttgart, Berlin Tegel, etc.) with a visible deterioration over the la...Deutsche Lufthansa is an aviation group based in Germany. Co. maintains global operations and a total of more than 500 subsidiaries and associated companies. Co. operates in five major business segments: scheduled passenger air traffic ("Passenger Airline Group"); scheduled airfreight services ("Logistics"); maintenance, repair and overhaul ("MRO"); information technology ("IT Services") and catering ("Catering").
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.