Lufthansa : A glimmer of optimism but debt reduction still necessary
>An optimistic tone on the environment - Lufthansa has adopted an optimistic tone on the environment whilst at the same time underscoring that its targets clearly depend upon the re-opening of the North Atlantic market at end-September and the Asian network at the end of the year. Capacity is therefore expected to increase to 50% of the 2019 level in Q3 (vs 29% in Q2), 60% in Q4 and c70% for FY 2022. The training of the pilots of single-aisle aircraft will have been c...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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