One can ask oneself why it takes longer for Lufthansa with the state aid than for its neighbours? AirFranceKLM and other European airlines have already received their liquidity aid. Even Ryanair has already been able to obtain 600 million British pounds via the Covid Corporate Financing Facility.
Chart-wise the will continue today. LH is currently trading at a discount of 2.5 % at around € 7.82 and is thus cheaper than the low-cost carrier Ryanair. The shows that the LH share is in a . The area around 7 € seems to support the crane . A disclosure of this short-term important zone could continue the trend quickly and the next targets at 6.73 € / 6.25 € . On a higher level, a long term price target at around 3 € can be determined based on the level of the . However, LH will only be able to reach its cruising altitude if it can sustainably break through the € 10.50 mark - but given the current uncertainty, this may take some time.