Deutsche Börse: Lufthansa verpasst Aufstieg in den Dax
Die deutsche Airline muss weiter auf ihre Rückkehr in den Leitindex warten. In den Nebenwerteindizes MDax und SDax kommt es dagegen zu Änderungen.
Deutsche Börse reports that Lufthansa has failed to break into the Dax index, remaining unchanged. This setback marks the sixth year since the airline, a founding member of the Dax, has yearned for a return to the premier German stock market. The company missed its chance in March and June by mere inches. It now remains in the MDax, the secondary index.
In 2020, Lufthansa was demoted due to ongoing issues during the COVID-19 pandemic, resulting in billions of losses and a state bailout. Passengers globally faced near paralysis, leading to the airline plummeting to a record low of just over five euros. Despite a recent rebound to 7.71 euros, it remains far from its 2017/2018 peak of 22 euros.
Challenges persist in the industry, with conflicts in Ukraine and Iran causing airspace restrictions, flight cancellations, and soaring jet fuel costs.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Deutsche Börse: Lufthansa verpasst Aufstieg in den Dax handelsblatt.com
