Revenue and operating earnings were very much as expected in 2017, but net earnings were clearly lower. For the current year, investors have to remember that any further gain from pension settlements is not in the pipeline (€661m benefit in 2016 and €582m in 2017) and the new entrants to the German airline market have started competing in late 2017.
15 Mar 2018
Air Berlin impact less positive than we had thought
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Air Berlin impact less positive than we had thought
Deutsche Lufthansa AG (LHA:WBO) | 0 0 (-0.3%) | Mkt Cap: 12,564m
- Published:
15 Mar 2018 -
Author:
Hans-Peter Wodniok -
Pages:
3
Revenue and operating earnings were very much as expected in 2017, but net earnings were clearly lower. For the current year, investors have to remember that any further gain from pension settlements is not in the pipeline (€661m benefit in 2016 and €582m in 2017) and the new entrants to the German airline market have started competing in late 2017.