Daybreak Europe Show Open: Lufthansa, Siemens Post Earnings
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Business
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Hard
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The transcript discusses Lufthansa's financial losses and revenue figures, highlighting a $1.1 billion loss and a net loss of 756 million euros. It mentions the return of long-haul flights and a 6% drop in flights to Asia. The conversation shifts to travel updates, noting that vaccinated individuals can travel without quarantine. The industrial sector is covered with Siemens reporting strong earnings and increased sales growth guidance. Finally, Lufthansa's capacity forecast remains unchanged at 40% of pre-pandemic levels, with potential market reactions to the opening of UAE and Bahrain.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What guidance did Siemens provide for their full year sales growth?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What is Lufthansa's capacity forecast for 2021 compared to pre-pandemic levels?
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OFF
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