Last $17.47 USD
Change Today -0.11 / -0.63%
Volume 6.0K
As of 8:10 PM 08/22/14 All times are local (Market data is delayed by at least 15 minutes).

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lufthansa-spons adr (DLAKY) Details

Deutsche Lufthansa AG, an aviation company, provides passenger transportation and airfreight, as well as downstream services worldwide. The company operates in five segments: Passenger Airline Group, Logistics, MRO, Catering, and IT Services. The Passenger Airline Group segment offers passenger services through a route network comprising 274 destinations in approximately 106 countries. The Logistics segment provides a range of freight transport services for various cargos, including live animals, valuable cargo, mail, dangerous goods, and temperature-sensitive goods; and road feeder services. This segment has a network of 300 destinations in approximately 100 countries. The MRO segment offers maintenance, repair, and overhaul services for civil commercial aircrafts. The Catering segment provides airline catering, and related upstream and downstream in-flight services; in-flight equipment and logistics services; management of onboard service; and in-flight retail, as well as related airport services. The IT Services segment offers consulting and information technology services for the aviation, transport and logistics, industry, media and publishing, energy, healthcare, and tourism industries. This segment is involved in the development and implementation of customized industry solutions, as well as the operation of applications in its own data centers. The company also provides training courses, such as training for pilots and flight attendants, simulator training, emergency and service courses, and various e-learning products; and business travel management solutions in the area of payment and analysis of corporate travel. As of December 31, 2013, it had a fleet of 622 aircrafts with an average age of 11.2 years. Deutsche Lufthansa AG is headquartered in Cologne, Germany.

lufthansa-spons adr (DLAKY) Top Compensated Officers

Chairman of the Executive Board Chief Executi...
Total Annual Compensation: €1.3M
Chief Officer of Finances & Aviation Services...
Total Annual Compensation: €1.2M
Chief Officer of Group Airlines & Logistics a...
Total Annual Compensation: €392.7K
Director of Industrial Relations and Member o...
Total Annual Compensation: €597.5K
Compensation as of Fiscal Year 2013.

lufthansa-spons adr (DLAKY) Key Developments

Lufthansa Group Appoints Myriam Ziesack as the New Head of Communications in Asia/Pacific

Lufthansa Group announced that Myriam Ziesack will take on the position of head of group communications Asia/Pacific and will manage Asian media from Singapore. Myriam Ziesack is currently a press spokesperson at the Swiss International Air Lines in Zurich, will transfer to Singapore and work from mid-October as Head of Group Communications Asia/Pacific. In this position, she will manage the Group’s media work in Asia. She has many years of experience in communications, both from a corporate and agency perspective, as well as a Master’s degree in Communications Management and Leadership.

Lufthansa Group and Austrian Airlines Suspend Flights from Frankfurt and Vienna to Erbil

As a result of the current situation in Iraq, Lufthansa and Austrian Airlines will initially suspend flights to and from Erbil up until and including August 11, 2014. Flights to Erbil are operated daily by Austrian Airlines from Vienna and twice a week by Lufthansa from Frankfurt. Lufthansa and Austrian Airlines regret any inconvenience that these short-notice cancellations may cause their customers. The safety of passengers and crews remains the company's utmost priority. The airlines of the Lufthansa Group will continue to make a detour around Iraqi airspace, for example on flights to Asia and the Middle East.

Lufthansa Group Announces New Appointments

Lufthansa Group announced the appointment of Andreas Bartels as Head of the Group's newly merged press offices including that of Lufthansa German Airlines the Group is now announcing the appointees to the other positions within the Communications team of Barbara Schadler. Matthias Eberle is to become Head of Internal Communications. Christoph Meier will lead the new Communications Strategy, Planning & Operations department, and Susanne Kotysch has been named Head of the new Corporate Social Responsibility & Event Management department. Matthias Eberle will head up the internal communications of the Lufthansa Group, including its core business segment Lufthansa German Airlines, from 15 September. The former business journalist, New York correspondent and senior foreign affairs reporter at the German daily Handelsblatt has been responsible for freight subsidiary Lufthansa Cargo AG's corporate communications since 2012. In the new role, Eberle is to develop a culture of dialogue across the Group, and will further expand the use of digital, mobile and audiovisual media for communications with the some 118,000 Lufthansa Group staff. Christoph Meier is to assume the position as Head of the new Communications Strategy, Planning & Operations department, with retroactive effect as of 1 August 2014. In this role, he will be responsible for developing an integrated, Group-wide communications strategy and planning, as well as developing and implementing a performance measurement for communications. This department will also provide operational communications services. Over the past almost three years, Meier was in charge of Lufthansa's Group Media Relations department. The business economist began in Route Network Planning at Swiss, where he later assumed responsibility for Financial Communications and Internal Communications. From 2009 until 2011, he was Lufthansa's Head of Media Relations Middle East & Africa, in Dubai, UAE. Susanne Kotysch is to become Head of the new Corporate Social Responsibility & Event Management department, also with effect from 1 August 2014. She will take responsibility for the further development and implementation of the future CSR strategy, including Corporate Citizenship, as well as continuing to develop the Lufthansa Group's event management. Over the last few years, Kotysch headed up the Lufthansa Group's Protocol and Event Management team, having previously been Head of Public Relations. Between 1993 and 2000, she worked in various positions at Group subsidiary Eurowings, including spending five years as Head of Corporate Communications and spokesperson and, prior to that, two years as Head of Product Management.


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