Lufthansa Sponsored ADR (DLAKY)
OTCQX OTCQX Primary Summary
Lufthansa Airlines aims to increase profitability in 2026, says CEO
Germany's Lufthansa wants to increase profitability at its core brand next year after it is set to return to the black this year, Lufthansa Airlines' CEO Jens Ritter said on Thursday.
China's Unipec agrees to jet fuel term supply deal with Lufthansa
China's state oil trader Unipec, a vehicle of refining giant Sinopec Corp , has signed a term deal to supply about 60,000 metric tons of jet fuel to Lufthansa annually, Sinopec said on Monday.
Lufthansa Group Expresses Interest in Portugal's TAP
The news comes a day after Air France-KLM said it submitted a bid to purchase a stake in TAP.
Lufthansa Sponsored ADR (DLAKY) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
What is the earnings per share?
When is the next earnings date?
Has Lufthansa Sponsored ADR ever had a stock split?
Lufthansa Sponsored ADR Profile
| Passenger Airlines Industry | Industrials Sector | Mr. Carsten Spohr CEO | OTCQX Exchange | US2515613048 ISIN |
| Germany Country | 100,518 Employees | 20 May 2024 Last Dividend | - Last Split | - IPO Date |
Overview
Deutsche Lufthansa AG, a global aviation leader, offers a broad spectrum of airline-related services through its operational presence worldwide. Since its inception in 1926, the company has grown significantly to encompass a portfolio that includes passenger airline operations, logistics solutions, and maintenance, repair, and overhaul (MRO) services. With its headquarters situated in Cologne, Germany, Lufthansa operates under a structured division that ensures the delivery of specialized and quality services across the aviation sector. As of the end of December 31, 2023, the company boasts a substantial fleet of 721 aircraft, showcasing its massive capacity and commitment towards providing exceptional air travel and cargo services.
Products and Services
- Passenger Airlines
Under this segment, Deutsche Lufthansa AG offers a plethora of products and services catering to passengers traveling with Lufthansa Airlines and its affiliated carriers, including SWISS, Austrian Airlines, Brussels Airlines, and Eurowings. This division emphasizes delivering exceptional travel experience, encompassing ticket bookings, in-flight services, and customer support, tailoring the journey to meet the diverse needs of its global clientele.
- Logistics
The Logistics segment of Lufthansa provides comprehensive airfreight solutions, including container management, urgent shipment deliveries, and custom clearance services, tailored for both business and individual needs. Additionally, this segment extends its expertise to facilitate e-commerce operations, catering to the burgeoning demand for reliable and swift online trade fulfilments.
- Maintenance, Repair, and Overhaul Services (MRO)
Lufthansa’s MRO segment delivers an extensive range of services aimed at the maintenance, repair, and overhaul of civil commercial aircraft. This service is vital for ensuring operational safety and efficiency, targeting original equipment manufacturers, aircraft leasing companies, as well as government and armed forces. The segment upholds strict adherence to quality and standards, ensuring all aircraft meet the rigorous regulations set forth by the aviation authorities.
- Additional Services
Beyond its core aviation services, Deutsche Lufthansa AG offers additional services including corporate payment and billing solutions, aimed at streamlining financial transactions for business clients. It also provides comprehensive vocational and professional training programs for cockpit and cabin crew, ensuring a high standard of in-flight service and safety. Additionally, Lufthansa offers advanced IT solutions, supporting the technological needs of its operations and improving customer service delivery.
Contact Information
