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Lufthansa Wins Investor Approval for $6 6 Billion Capital Raise

Lufthansa Wins Investor Approval for $6.6 Billion Capital Raise Bloomberg 5/4/2021 © Photographer: DANIEL ROLAND/AFP Lufthansa CEO Pitches $6.6 Billion Capital Increase to Investors (Bloomberg) Deutsche Lufthansa AG shareholders approved a potential capital raise of 5.5 billion euros ($6.6 billion), a move management said is needed to repair the stricken carrier’s balance sheet. Popular Searches At the German airline’s annual meeting on Tuesday, a majority of investors gave permission for the issuance of 2.15 billion new shares at a time of the carrier’s choosing. The nominal price of the stock would be 2.56 euros each, about one-fourth Lufthansa’s current share price, though the airline is likely to issue them at a higher amount.

Carsten spohrCapital increaseExecutive officer carsten spohrகார்ஸ்டன் ஸ்போருமூலதனம் அதிகரிநிர்வாகி அதிகாரி கார்ஸ்டன் ஸ்போரு

Lufthansa Sees Delayed Recovery After $8 1 Billion Record Loss

Lufthansa Sees Delayed Recovery After Record Annual Loss Bloomberg 3/4/2021 William Wilkes © Bloomberg Deutsche Lufthansa AG passenger aircraft at Teruel Airport in Teruel, Spain, on Monday, Oct. 19, 2020. More than 8,100 planes sit idle around the world, or 31% of the global fleet, according to aviation database Cirium. (Bloomberg) Deutsche Lufthansa AG struck a more pessimistic tone after reporting the biggest loss in the airline’s history, saying it might need until the middle of the decade to recover from the coronavirus pandemic that’s ravaged the industry. Europe’s biggest airline group warned Thursday that it may be able to operate only 90% of its pre-pandemic capacity by then, a sign of deteriorating confidence in a revival after Lufthansa previously suggested the market could recover fully by 2024.

United kingdomBruxelles capitaleCarsten spohrEuropean unionRyanair holdings plcEasyjet plcInternational air transport associationDeutsche lufthansaTeruel airportBloomberg deutsche lufthansaExecutive officer carsten spohrஒன்றுபட்டது கிஂக்டம்ப்ரூக்ஸெல்ஸ் தலைநகரம்கார்ஸ்டன் ஸ்போருஐரோப்பிய தொழிற்சங்கம்சர்வதேச அேக போக்குவரத்து சங்கம்

Lufthansa counting on vaccine rollout after €6 7bn loss

Lufthansa counting on vaccine rollout after â¬6.7bn loss 2 min. 04.03.2021 The airline said it will struggle to make money on flights before the end of this year Exclusive for subscribers Want to continue reading? As a subscriber you have unlimited access to all LT + articles. Dont have a subscription yet? Choose the one that suits you best to read Lufthansa counting on vaccine rollout after â¬6.7bn loss As a subscriber you have unlimited access to all LT + articles. Dont have a subscription yet? Choose the one that suits you best to read Lufthansa counting on vaccine rollout after â¬6.7bn loss . Best choice

United kingdomBruxelles capitaleCarsten spohrEuropean unionRyanair holdings plcEasyjet plcDeutsche lufthansaExecutive officer carsten spohrஒன்றுபட்டது கிஂக்டம்ப்ரூக்ஸெல்ஸ் தலைநகரம்கார்ஸ்டன் ஸ்போருஐரோப்பிய தொழிற்சங்கம்டாய்ச் லுஃப்தான்சாநிர்வாகி அதிகாரி கார்ஸ்டன் ஸ்போரு

Lufthansa Sees Delayed Recovery After Record Annual Loss

Lufthansa Sees Delayed Recovery After Record Annual Loss
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

United kingdomBruxelles capitaleDaniel roeskaCarsten spohrEuropean unionRyanair holdings plcEasyjet plcInternational air transport associationDeutsche lufthansaTeruel airportBloomberg deutsche lufthansaExecutive officer carsten spohrஒன்றுபட்டது கிஂக்டம்ப்ரூக்ஸெல்ஸ் தலைநகரம்கார்ஸ்டன் ஸ்போருஐரோப்பிய தொழிற்சங்கம்

Airbus slows production ramp-up, citing virus hit to demand

Airbus slows production ramp-up, citing virus hit to demand
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Sandy morrisCarsten spohrRob stallard at vertical research partnersRob stallardVertical research partnersExecutive officer carsten spohrமணல் மோரிஸ்கார்ஸ்டன் ஸ்போருகொள்ளை ஸ்டாலார்ட் இல் செங்குத்து ஆராய்ச்சி கூட்டாளர்கள்கொள்ளை ஸ்டாலார்ட்செங்குத்து ஆராய்ச்சி கூட்டாளர்கள்நிர்வாகி அதிகாரி கார்ஸ்டன் ஸ்போரு