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Deutsche Lufthansa AG (LHAG.DE)

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Latest Key Developments (Source: Significant Developments)

Air Berlin: Acquisition Of Niki Luftfahrt GmbH By Lufthansa Failed
6:54pm IST 

Dec 13 (Reuters) - AIR BERLIN PLC ::DGAP-ADHOC: AIR BERLIN PLC: PROPOSED ACQUISITION OF NIKI LUFTFAHRT GMBH BY DEUTSCHE LUFTHANSA GROUP HAS FAILED.  Full Article

Deutsche Lufthansa Passenger Traffic Up 25.6 Percent in November
Monday, 11 Dec 2017 

Dec 11 (Reuters) - DEUTSCHE LUFTHANSA AG ::‍SEAT LOAD FACTOR IMPROVED BY 2 PERCENTAGE POINTS UP TO 77.8% IN NOVEMBER​.SAYS PRICING ENVIRONMENT POSITIVE.SAYS NOV PASSENGER TRAFFIC IN TERMS OF REVENUE SEAT KILOMETRES UP 25.6 PERCENT.SAYS NOVEMBER CARGO DEMAND IN REVENUE TONNE-KILOMETRES UP 9.4 PERCENT.  Full Article

MTU Aero Engines And Lufthansa Technik Launch MRO Joint Venture EME Aero
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - MTU AERO ENGINES AG ::LUFTHANSA TECHNIK AND MTU AERO ENGINES LAUNCH MRO JOINT VENTURE EME AERO.THE JV COMPANY WILL BE BASED IN POLAND.EME AERO SP. Z O.O. TO BE BASED IN POLAND AND WILL HAVE WORKFORCE OF 800 EMPLOYEES IN THE FUTURE.TWO PARTIES TO THE JOINT VENTURE WILL INVEST A TOTAL AMOUNT OF AROUND 150 MILLION EUROS BY 2020.  Full Article

JDC Group and Lufthansa unit Albatros agree on 5-year contract
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - JDC GROUP AG ::‍JDC AND LUFTHANSA UNIT ALBATROS IMPLEMENT LETTER-OF-INTENT, AGREE ON 5-YEAR CONTRACT.5-YEAR CONTRACT FOR FULL OUTSOURCING OF TRANSACTION PROCESSING​.‍SALES VOLUME OVER CONTRACT PERIOD UP TO EUR 100 MILLION​.‍SALES GROWTH STARTING IN 2018 UP TO EUR 20 MILLION P.A., SIGNIFICANT CONTRIBUTION TO EARNINGS EXPECTED​.  Full Article

BRIEF-Deutsche Lufthansa says October load factor up 0.4 pp to 81.4 pct
Thursday, 9 Nov 2017 

Repeats to add chain of snaps:SAYS OCTOBER PASSENGER TRAFFIC IN TERMS OF REVENUE SEAT KILOMETRES UP 12.1 PCT.SAYS OCTOBER LOAD FACTOR UP 0.4 PCT POINTS TO 81.4 PCT.SAYS OCTOBER FREIGHT/POST UP 2.4 PCT.SAYS PRICING ENVIRONMENT POSITIVE (EXCL. CURRENCY).  Full Article

Deutsche Lufthansa says October load factor up 0.4 pp to 81.4 pct
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Deutsche Lufthansa AG ::SAYS OCTOBER PASSENGER TRAFFIC IN TERMS OF REVENUE SEAT KILOMETRES UP 12.1 PCT.SAYS OCTOBER LOAD FACTOR UP 0.4 PCT POINTS TO 81.4 PCT.SAYS OCTOBER FREIGHT/POST UP 2.4 PCT.SAYS PRICING ENVIRONMENT POSITIVE (EXCL. CURRENCY).  Full Article

Lufthansa says has notified EU Commission of planned Air Berlin deal
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Lufthansa spokesman:Has notified EU Commission of planned Air Berlin deal‍​.  Full Article

Luftansa Technik expands capacity in its Bulgaria facility
Thursday, 26 Oct 2017 

SOFIA, Oct 26 (Reuters) - Lufthansa Technik, Lufthansa’s maintenance arm::*Says invests about 35 million euros ($41.13 million) along with Bulgarian Airways Group in new hangar, workshops and office premises in Bulgaria.*Says expansion makes it the largest aircraft maintenance company in Eastern Europe.*Says to increase its staff in Bulgaria to 1,300 people .  Full Article

Lufthansa CFO: dividend will increase significantly this year
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Lufthansa executives on press call::CEO says will not be bidding for more of air berlin even if talks between easyjet <<>> and air berlin <<>> fail.Lufthansa CFO, asked on 2017 profit target, says optimism is reflected in comments on unit revenue.Lufthansa CFO says aiming to reduce unit costs by at least 1 percent each year going forward.Lufthansa CFO says expects dividend will increase significantly this year.  Full Article

Seven envelopes delivered by deadline for offers for Alitalia
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Italian airline Alitalia says: :seven envelopes delivered by deadline to submit binding offers for ailing carrier.special commissioners will now begin evaluating the envelopes.  Full Article

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Lufthansa scraps deal for Air Berlin's Niki

BERLIN Lufthansa has abandoned plans to buy Air Berlin subsidiary Niki after being told by the European Commission that it would not allow the deal, meaning Niki could join the list of Europe's collapsed airlines this year.