Lufthansa share lower: Lufthansa is checking Iran flights – Bernstein is raising the target for Lufthansa – Lufthansa Technik is converting the A320 into a hydrogen real laboratory

For this Friday, two Lufthansa flights and one of the subsidiary Austrian Airlines have been canceled, said a company spokeswoman in Frankfurt. A decision on resuming connections is expected to be made in the afternoon.

On Thursday morning, employees discovered a male body in the landing gear bay of an Airbus A340 that had landed from Tehran. At first nothing was known about the identity of the man. The investigation into the death was taken over by the Frankfurt police headquarters, which initially gave no details. According to the Flightradar24 tracking service, the direct flight LH601 Tehran-Frankfurt lasted almost five hours on Thursday and landed in Frankfurt at 5:18 a.m.

Bernstein raises target for Lufthansa to 5.25 euros – ‘Underperform’

The US analysis company Bernstein Research raised the price target for Lufthansa from EUR 4.75 to EUR 5.25 on the occasion of the recently published quarterly figures, but left the rating at “underperform”. The airline has (almost) resumed normal operations, analyst Alexander Irving wrote in a study available on Friday. Meanwhile, shares are still expensive relative to fundamentals.

Lufthansa Technik is converting the A320 into a hydrogen living laboratory

In the coming months, Lufthansa’s maintenance subsidiary will convert one of the airline’s decommissioned aircraft into a real laboratory for future hydrogen engines in aviation. For example, a liquid hydrogen tank and a fuel cell are to be installed in the Airbus (Airbus SE (ex EADS)) A320, which previously flew for Lufthansa under the name “Halle an der Saale” for more than 30 years, as Lufthansa Technik am announced on Friday in Hamburg. The real laboratory also includes setting up a hydrogen infrastructure on the ground. The aircraft will not be able to fly, but can be towed to Lufthansa Technik and the airport “for the realistic investigation of ground processes”.

The “Hydrogen Aviation Lab” is a joint project of Lufthansa Technik, the German Aerospace Center (DLR), the Center for Applied Aeronautics Research (ZAL) and Hamburg Airport. The main research areas include refueling with liquid hydrogen, cooling and insulation as well as occupational safety and protective measures with regard to the fire hazard of hydrogen.

In the fight against climate change, aviation must be made more climate-friendly in the coming years. One possible source of energy is “green” hydrogen, which is produced using renewable energies. “New aircraft need a new infrastructure on the ground, the development of which is now beginning in Hamburg,” said Lufthansa Technik. The aircraft manufacturer Airbus, for example, plans to launch a market-ready hydrogen-powered passenger aircraft by 2035.

The Lufthansa share is listed in XETRA trading 0.98 percent lower at 6.80 euros.

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