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DEUTSCHE LUFTHANSA AG

(LHA)
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Deutsche Lufthansa AG : Lufthansa’s first Boeing 747-8 destination now bookable

04/27/2012 | 06:07am EST

27.04.12

New flagship will fly to Washington, Los Angeles, Chicago, Delhi and Bangalore

From today, passengers can book flights on Lufthansa's first Boeing 747-8, which has just been delivered from Seattle. From 1 June, Lufthansa will operate six flights per week with the "Queen of the Skies" on the Frankfurt-Washington route. Over the next few months, as four more new Jumbo jets join the fleet, the number of destinations served by the aircraft will be gradually increased. By late summer, 747-8 flights will be offered to Delhi, Bangalore, Chicago and Los Angeles.

Once the 747-8 enters scheduled service, passengers will also have an opportunity to enjoy Lufthansa's revamped Business Class. The new Business Class seat provides exceptional comfort, whether in an upright or reclined position or as a lie-flat bed, plus intuitive adjustments, additional storage space and an enhanced inflight entertainment system. At the press of a button, the seat converts into a comfortable bed with a horizontal sleeping surface measuring 1.98 metres in length.

The 747-8 Intercontinental will bring double-digit improvements in fuel efficiency and CO2 emissions per passenger over its predecessor, the 747-400. It is also much quieter, and generates a 30 per cent smaller noise footprint. A wealth of information about the "Queen of the Skies" is available at www.lufthansa.com/747-8 The website also features a competition with the chance to win two flights with the Boeing 747-8.

Deutsche Lufthansa AG
Communications Lufthansa German Airlines

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© Publicnow 2012
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Financials
Sales 2021 16 484 M 18 648 M 18 648 M
Net income 2021 -2 226 M -2 519 M -2 519 M
Net Debt 2021 10 655 M 12 054 M 12 054 M
P/E ratio 2021 -2,18x
Yield 2021 -
Capitalization 6 799 M 7 674 M 7 691 M
EV / Sales 2021 1,06x
EV / Sales 2022 0,65x
Nbr of Employees 106 684
Free-Float 84,3%
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Number of Analysts 22
Last Close Price 5,69 €
Average target price 6,15 €
Spread / Average Target 8,21%
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Managers and Directors
Carsten Spohr Chief Executive Officer
Remco J. Steenbergen Chief Financial Officer
Karl-Ludwig Kley Chairman-Supervisory Board
Roland Schütze Chief Information Officer
Ola Hansson Chief Operating Officer
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