Lufthansa : Yield ultimately under control in Q4 but it will take time to bring CASK back under control
>A more favourable underlying trend than the FY 24 guidance may imply - Although the FY 24 RASK guidance seems disappointing at first glance (mid-single digit decline vs -4.6% at 9M), it can be explained only by a high comparison base in Q4 2023 which benefited from the booking of exceptional items (compensation payments from OEMs and Covid provision releases). We think that growth in the booking seat load factor for November and December bodes well for the ultimate y...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.