Illegal Activity
none
Blackmail
none
Date
2016-01
Document Type
report
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:41
Summary
This Deutsche Bank report analyzes Lufthansa's acquisition of Air Berlin assets, predicting significant synergies and recommending a 'BUY' rating for Lufthansa stock. The report highlights the potential for increased market share and revenue management opportunities, forecasting substantial EBIT growth by 2019.
Metadata
- Subject
- Deutsche Lufthansa — Anand Date, BUY, close €30.7, €36.2 tgt, 18% upside
- Sender
- Deutsche Bank
- Recipients
- —
- Document ID
- DB-SDNY-0086824
- Date
- 2016-01
Relationships 7
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Lufthansa | acquisition | Air Berlin | Lufthansa acquiring Air Berlin assets |
| Southwest | merger | AirTran | Southwest acquired AirTran |
| LAN | merger | TAMa | LAN and TAM merger |
| UAL | merger | Continentala | UAL and Continental merger |
| British Airways | merger | Iberian | British Airways and Iberian merger |
| Delta | merger | Northwesta | Delta and Northwest merger |
| America West | merger | US Airways | America West and US Airways merger |
Notable Quotes 2
The Air Berlin acquisition is an excellent deal. >50% of Air Berlin flown capacity on routes where Lufthansa + Air Berlin would have combined 80-100% market share, creating capacity and revenue management opportunities.
Airline M&A has historically been highly accretive, generally yielding synergies of 3-7% of combined revenues (3/4 revenue, 1/4 cost).
Financial Information
Amounts:€30.7€36.2US$400 millionUS$1.2 billionUS$600 millionUSS2.0 billionUS$680 millionE1.5bn€470m
Assets:
- Air Berlin assets
Transactions:
- Air Berlin acquisition by Lufthansa
- Airline M&A transactions
Public Knowledge
- Context
- Financial analysis of a major airline acquisition.
- Media Worthy
- Yes
Legal Compliance
- Antitrust risk is limited due to Lufthansa providing Air Berlin bridge financing and the EC not blocking the Lufthansa-Swiss Air deal.
Raw Analysis JSON
click to expand
Themes
Business dealingsFinancial transactions/money flow
People 2
Organizations 17
ED Deutsche LufthansaAir BerlinLufthansaSwiss AirSouthwestAirTranLANTAMaUALContinentalaBritish AirwaysIberianDeltaNorthwestaAmerica WestUS AirwaysDeutsche Bank
Locations 1
US
Financial Entities 1
Deutsche Bank
Text Analysis
- Tone
- Professional
- Purpose
- To provide an analysis of the Lufthansa acquisition of Air Berlin assets and recommend a 'BUY' rating for Lufthansa stock.
- Significance
- The document provides financial analysis and forecasts related to the Lufthansa acquisition of Air Berlin assets, highlighting potential synergies and market opportunities.
File Info
- File Name
- EFTA01385538.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:41:23.040673
- DOJ Source
- View on DOJ