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Investing.com -- Deutsche Lufthansa AG (ETR:LHAG) disclosed details of its long-term strategic targets ahead of its Capital Markets Day on Thursday.
Shares of the German company were up 1.8% at 05:17 ET (09:17 GMT).
The airline is targeting an operating margin of 8–10% for 2028–2030, up from a previous target of more than 8%.
The company said the margin improvement would come from its turnaround program, fleet renewal, IT transformation, expansion of its loyalty program, and reductions in administrative headcount.
Lufthansa aims to increase loyalty program uptake by 50% by 2030 and reduce 4,000 administrative positions through digitalization, automation, and process consolidation.
The airline also plans to expand its fleet with more than 230 new aircraft by 2030, including 100 long-haul planes, and reconfirmed its 2030 technik plan.
On the financial side, Lufthansa intends to maintain an investment-grade balance sheet with liquidity between €8 billion and €10 billion, while maintaining a dividend policy of 20–40% of net income.
UBS Global Research said the initial targets should be viewed positively, noting they were better than expected. The brokerage valued Lufthansa shares at 3.6 times 2026 estimated EV/EBITDA and maintained a “buy” rating.