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MarketScreener Homepage  >  Equities  >  Xetra  >  Deutsche Lufthansa AG    LHA   DE0008232125

DEUTSCHE LUFTHANSA AG

(LHA)
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Deutsche Lufthansa : Germanwings crash relatives lose court case on compensation

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07/01/2020 | 11:07am EDT

BERLIN — A German court on Wednesday rejected demands for higher compensation from Lufthansa by eight people who lost loved ones in the deliberate crash of a plane operated by its budget airline Germanwings five years ago.

French and German investigators have concluded that co-pilot Andreas Lubitz intentionally crashed the Airbus A320 he was co-piloting into a French mountainside on March 24, 2015, killing all 150 people on board flight 9525 from Barcelona to Duesseldorf.

News agency dpa said the state court in the western German city of Essen rejected the plaintiffs’ case for a higher payout than originally offered, as judges found that Lufthansa and its U.S.-based flight school weren’t responsible for determining whether Lubitz was fit to fly. The plaintiffs had argued that they allowed him to complete his training despite evidence of mental illness.

Judge Lars Theissen said aviation safety is “a state task.”

© 2020 The Canadian Press. All rights reserved., source Canadian Press DataFile

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Financials
Sales 2020 18 008 M 21 222 M 21 222 M
Net income 2020 -5 112 M -6 025 M -6 025 M
Net Debt 2020 12 230 M 14 413 M 14 413 M
P/E ratio 2020 -0,86x
Yield 2020 0,15%
Capitalization 4 768 M 5 620 M 5 619 M
EV / Sales 2020 0,94x
EV / Sales 2021 0,58x
Nbr of Employees 129 356
Free-Float 82,1%
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Technical analysis trends DEUTSCHE LUFTHANSA AG
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Mean consensus SELL
Number of Analysts 22
Average target price 5,66 €
Last Close Price 7,98 €
Spread / Highest target 76,8%
Spread / Average Target -29,0%
Spread / Lowest Target -93,7%
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Managers
NameTitle
Carsten Spohr Chairman-Executive Board & CEO
Karl-Ludwig Kley Chairman-Supervisory Board
Roland Schütze Chief Information Officer
Martin Koehler Member-Supervisory Board
Christine Behle Deputy Chairman-Supervisory Board
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