Concern Over Fuel Prices Leads BHF Bank To Cut Lufthansa Rating
BHF Bank last week cut Lufthansa's rating from buy to hold. The bank is concerned that record fuel prices will hurt Lufthansa's earnings in Fiscal Year 2005. BHF Bank believes Lufthansa's operating profit will be EUR409 million, down 32% from its previous EUR603 million forecast. The estimate is...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
