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    AIR   NL0000235190

AIRBUS SE

(AIR)
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Lufthansa's low-cost airline Eurowings to open Prague base

06/11/2021 | 03:33am EDT
FILE PHOTO: Eurowings airliner lands at Palma de Mallorca Airport

BERLIN (Reuters) - German airline Lufthansa's said on Friday its budget carrier Eurowings would open a new base in Prague with two aircraft in October, in a sign of growing confidence in the recovery of air travel as COVID-19 curbs ease.

Eurowings will station two Airbus A320 aircraft in the Czech capital from Oct. 31 and offer low-cost direct flights to major European cities like Barcelona, Milan and Copenhagen and holiday destinations such as the Canary Islands.

From the summer of 2022, it will add a third aircraft to the base, which will create more than 100 new jobs.

(Reporting by Caroline Copley, editing by Thomas Escritt)


ę Reuters 2021
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Financials
Sales 2021 51 811 M 61 883 M 61 883 M
Net income 2021 1 758 M 2 100 M 2 100 M
Net cash 2021 4 601 M 5 495 M 5 495 M
P/E ratio 2021 50,3x
Yield 2021 0,47%
Capitalization 88 489 M 106 B 106 B
EV / Sales 2021 1,62x
EV / Sales 2022 1,38x
Nbr of Employees 127 814
Free-Float 74,1%
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Technical analysis trends AIRBUS SE
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Mean consensus BUY
Number of Analysts 24
Last Close Price 112,64 €
Average target price 123,94 €
Spread / Average Target 10,0%
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Managers and Directors
NameTitle
Guillaume Faury Chief Executive Officer
Dominik Asam Chief Financial Officer
RenÚ Richard Obermann Chairman
Grazia Vittadini Chief Technology Officer
Jean-Brice Dumont Executive Vice President-Engineering
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