Lufthansa : Taking back in hand of Eurowings needed to recreate confidence
>A disappointing Q3 on both revenue and unit costs - The Q3 2018 results publication was disappointing with adjusted EBIT of 5.2%, below the consensus expectations at €1,354m (Oddo BHF: € 1,469m, consensus: €1,428m) due to i/ a 1.3% decline in unit revenues excluding forex (vs +2.4% for IAG), penalised by an unfavourable base effect at the time of the Air Berlin bankruptcy but, above all, by an expensive defence of market shares in Germany as well as a negative mix at...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.
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