|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||12.70 - 13.02|
|52 Week Range||7.65 - 15.56|
|Beta (5Y Monthly)||1.59|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||May 08, 2019|
|1y Target Est||7.70|
Any amount will be on top of the €10.4bn ($12.2bn, £8.8bn) in government-backed loans it received last year as the coronavirus pandemic hit its balance sheet.
Lufthansa could raise €5.5bn (£4.7bn) from shareholders to let it repay a big chunk of its German government bailout. The fresh capital may be used to replace a so-called silent participation that was part of the airline's €9bn funding package from Berlin. Interest rates on the silent participation are due to rise and Lufthansa might be able to get a more competitive rate through a capital raise, the company said in slides accompanying the announcement. It has not yet made a final decision on whether to proceed with the fundraising. Lufthansa shareholders would vote on the matter at the annual meeting on May 5. A simple majority would be enough to pass the motion. Shares fell as much as 3.5pc in Frankfurt following the announcement.
Deutsche Lufthansa's unit Swiss could announce additional job cuts in the second quarter as the pandemic crimps air travel, its chief executive told Swiss newspaper SonntagsBlick. Last October, Swiss announced 1,000 job cuts through attrition over two years. "From the 1,000 announced positions, we completed 500 of the job cuts through the end of 2020," Dieter Vranckx told the newspaper.