|Bid||0.000 x 100000|
|Ask||0.000 x 100000|
|Day's Range||18.391 - 19.166|
|52 Week Range||9.235 - 21.042|
|PE Ratio (TTM)||N/A|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Lufthansa's maintenance arm and aircraft engine maker MTU Aero Engines have agreed on a new joint venture to serve growing demand for maintenance and repair of geared-turbofan engines that are used in planes such as the Airbus A320neo. The two companies will each own a 50 percent stake in the new company and total investment is expected to be around 150 million euros ($158 million), Lufthansa Technik said in a statement on Tuesday. The two hope the joint venture will allow them to increase efficiency and keep costs down as they cater to growing fleets of narrow body jets using the PW1000G Pratt & Whitney engines.
BERLIN (AP) — German airline Lufthansa has struck a deal to solve a bitter labor dispute with pilots that over five years has cost it an estimated half a billion dollars and more than a dozen strikes.
Deutsche Lufthansa AG, competing with the Middle East’s biggest carriers to carry Indian international traffic, said it will seek to expand ties with Jet Airways (India) Ltd., which will help its customers ...