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

LUFTHANSA GROUP AG

(LHA)
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Lufthansa : cabin crew strike will include subsidiaries, union says

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10/18/2019 | 10:08am EST
Deutsche Lufthansa sign is seen in front of the airport terminal at Cairo International Airport in Cairo

BERLIN (Reuters) - A scheduled strike by flight attendants protesting against pay and working conditions at German airline Lufthansa on Sunday will now extend to staff at all the company's German units, cabin crew union UFO said on Friday,

The union called on cabin crew at the German units - including Germanwings, Eurowings, SunExpress Deutschland and Cityline - to join the walkout alongside their colleagues at the mother airline.

UFO earlier this week announced a strike for Sunday targeting Lufthansa's namesake core brand at its most important hubs, Frankfurt and Munich.

"We regret that this escalation has become necessary but see no other way of achieving our justified demands," said UFO official Nicoley Baublies in a statement. Lufthansa did not immediately comment.

Some 500 flights are expected to be affected by the walk-out, which will affect all departures from German airports between 0500 and 1100 local time, UFO said.

Germany's biggest airline has called the planned strike illegal, adding that it would try to offer its full flight schedule.

(Reporting by Thomas Seythal and Klaus Lauer, editing by Thomas Escritt)

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Financials (EUR)
Sales 2019 36 813 M
EBIT 2019 2 046 M
Net income 2019 1 234 M
Debt 2019 5 709 M
Yield 2019 4,14%
P/E ratio 2019 6,70x
P/E ratio 2020 5,46x
EV / Sales2019 0,39x
EV / Sales2020 0,41x
Capitalization 8 469 M
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Technical analysis trends LUFTHANSA GROUP AG
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Mean consensus HOLD
Number of Analysts 23
Average target price 16,50  €
Last Close Price 17,71  €
Spread / Highest target 18,6%
Spread / Average Target -6,82%
Spread / Lowest Target -28,3%
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Managers
NameTitle
Carsten Spohr Chairman-Executive Board & CEO
Karl-Ludwig Kley Chairman-Supervisory Board
Ulrik Svensson Chief Financial Officer
Roland Schütze Chief Information Officer
Matthias Wissmann Member-Supervisory Board
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