Flight attendants at Lufthansa and its German regional airline Lufthansa Cityline have voted overwhelmingly for strike action, their UFO union said in a statement on Friday.
Germany's Verdi union said on Friday that it has reached a collective bargaining agreement with airline Lufthansa for more than 20,000 ground staff after four rounds of negotiations.
Investors looking for stocks in the Transportation - Airline sector might want to consider either Deutsche Lufthansa AG (DLAKY) or Frontier Group Holdings (ULCC). But which of these two stocks presents investors with the better value opportunity right now?
Lufthansa pilots will stage a two-day strike from Thursday in a dispute over pensions but will exempt flights to specified countries in the Middle East "in light of the current situation" there, pilots union VC said.
Deutsche Lufthansa (DLAKY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Lufthansa shares jumped 7% on Tuesday, continuing to outperform rival airlines since the outbreak of war in Iran.
Lufthansa said it carried 135 million passengers last year, 3% more than in 2024, and guided for a further increase in earnings this year.
Hundreds of Lufthansa flights were cancelled on Thursday as pilots and flight attendants went on strike at Germany's largest airline, which has for years struggled to rein in costs at its core brand.
German pilots' union VC called on Tuesday for a 24-hour strike on February 12 at Lufthansa Group's core German airline and its freight group Lufthansa Cargo in a dispute over pensions.
Lufthansa is upgraded as prudent cost and capacity management drive a 29% upside to a $13.88 price target. Margins remain pressured by rising non-fuel costs and limited revenue growth, but strategic focus on long-haul and ancillary revenues supports EBIT improvement. Guidance calls for 4% annual capacity growth, flat free cash flow through 2026, and continued cost optimization to stabilize margins.
Here is how Deutsche Lufthansa AG (DLAKY) and Kuehne & Nagel International Ag (KHNGY) have performed compared to their sector so far this year.
Deutsche Lufthansa (DLAKY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.