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

DEUTSCHE LUFTHANSA AG

(LHA)
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Deutsche Lufthansa : Frankfurt-Windhoek Flight Route to Recommence

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09/17/2020 | 11:06am EDT

The Namibia Airports Company this week announced that the Lufthansa Group subsidiary, Eurowings will resume their Frankfurt-Windhoek route at the Hosea Kutako International Airport (HKIA) on Sunday morning.

NAC CEO Bisey Uirab in an announcement said the scheduled arrival follows the successful resumption of international flights at the flagship airport as the country's Tourism Revival Initiative during COVID-19 gains momentum.

"Germany is part of Namibia's top source markets for tourists, and we are pleased that Eurowings is resuming its operation, thanks to the rich historical and bilateral relations between Namibia and Germany," he added.

Uirab said Ethiopian Airlines and Eurowings, have and will resume with their normal weekly scheduled respectively, and NAC awaits with confidence other airlines to follow suit in early October 2020.

"The commitment by these two airlines thus far is an indication of the confidence in the preparedness of HKIA and Namibia to welcome the world amid the COVID-19 pandemic," he added.

Meanwhile, Uirab said NAC continues to play its role in promoting Namibia as a tourist destination by stimulating economic development opportunities whilst complying to the COVID 19 protocols.

Copyright Namibia Economist. Distributed by AllAfrica Global Media (allAfrica.com)., source News Service English


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Financials
Sales 2020 16 253 M 19 277 M 19 277 M
Net income 2020 -5 853 M -6 942 M -6 942 M
Net Debt 2020 12 710 M 15 075 M 15 075 M
P/E ratio 2020 -0,82x
Yield 2020 -
Capitalization 5 077 M 6 010 M 6 022 M
EV / Sales 2020 1,09x
EV / Sales 2021 0,71x
Nbr of Employees 129 356
Free-Float 83,3%
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Mean consensus SELL
Number of Analysts 22
Average target price 5,64 €
Last Close Price 8,49 €
Spread / Highest target 66,0%
Spread / Average Target -33,6%
Spread / Lowest Target -82,3%
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Managers
NameTitle
Carsten Spohr Chairman-Executive Board & CEO
Karl-Ludwig Kley Chairman-Supervisory Board
Roland Schütze Chief Information Officer
Christine Behle Deputy Chairman-Supervisory Board
Christina Weber Member-Supervisory Board
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