Lufthansa : Healthy balance sheet allows group to seize opportunities – stronger consolidation will underpin profitability
>ITA: a strategic move and a shrewd structure - As we see it, the acquisition of a 41% stake in ITA is an excellent move for the group in several respects: i/ with ITA, Lufthansa is gaining altitude in Europe’s third-largest market with additional market share of c27% and c13% on routes between Italy and Europe, ii/ with the exception of the domestic network which has still to be scaled back, ITA has a competitive cost base (CLA valid until 2026) and a plan to rejuven...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.