Announcements
Drinks

8/7/2021 Rating announcement EN
Scope affirms Deutsche Lufthansa AG at BBB-/Negative
The affirmation reflects an improving financial situation, slower cash burn and secured liquidity despite the slow recovery of air traffic. However, the Negative Outlook reflects continuing uncertainties regarding the pandemic and a potential recovery.

4/6/2019 Rating announcement EN
Rating on Lufthansa raised to BBB, Outlook Stable
Corporate credit rating on German aviation group Deutsche Lufthansa AG raised to BBB from BBB-. Senior unsecured debt rating raised to BBB from BBB- previously. Subordinated junior debt raised to BB+ from BB. Short-term rating affirmed. Outlook Stable.

21/12/2017 Rating announcement EN
Scope Ratings affirms Lufthansa at BBB-; raises Outlook to Positive
Following Lufthansa’s improved earnings and cashflow generation and Scope’s belief for a continuation of improving financial credit metrics next year, the Outlook on the long-term rating was lifted to Positive.

4/11/2016 Rating announcement EN
Scope assigns Lufthansa long-term rating of BBB- and short-term rating of S-2, Outlook Stable
The first-time ratings for Lufthansa are driven by Scope’s view on the credit-supportive global network coverage, diversified route network, high share of business travellers, membership in global airline alliances, solid liquidity and moderate leverage.