Lufthansa : Awaiting tangible signs of CASK back under control in a less dynamic environment
>The decline in the fuel bill offsets the under amortisation of fixed costs in H2 2024 - All told, we have made only marginal adjustments to our forecasts - which were already amongst the most cautious - because the decline in the fuel bill should offset the under amortisation of fixed costs triggered by the additional adjustment to capacity. We forecast ASK at 91% of the 2019 level in FY 2024 but appreciate the decision not to put the A380 back into service this wint...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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