Lufthansa

2019 pre-release but all about liquidity now

  • Sectors : Airlines & Other Transport
  • Companies : Lufthansa

Ratings and price correct at time of issue.

  • Lufthansa

    Closing Price: 940c

  • RATING 30/10/18

  • PREVIOUS RATING 27/01/17

    OUTPERFORM

DAVY VIEW

Lufthansa will report in detail on the business development of 2019 and outlook for 2020 on March 19th. The 2019 numbers were pre-released on Friday night (March 13th) and are in line, but with the airline industry facing an existential crisis, or as SAS puts it, “the demand for international air travel is essentially non-existent”, it’s all about cash, credit lines and financial to survive this liquidity crisis.

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Mar 16 2020, 07:10 GMT

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