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Deutsche Lufthansa AG (DLAKF) CEO Carsten Spohr on Q1 2021 Results - Earnings Call Transcript

May 02, 2021 1:34 PM ETDeutsche Lufthansa AG (DLAKF), DLAKY
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Deutsche Lufthansa AG (OTCQX:DLAKF) Q1 2021 Earnings Conference Call April 29, 2021 4:00 AM ET

Company Participants

Dennis Weber - Head of Investor Relations

Carsten Spohr - Chief Executive Officer

Remco Steenbergen - Chief Financial Officer

Conference Call Participants

Ruxandra Haradau-Doser - Kepler Cheuvreux

Jarrod Castle - UBS

Stephen Furlong - Davy Research

James Hollins - BNP Paribas

Neil Glynn - Crédit Suisse

Jamie Rowbotham - Deutsche Bank

Andrew Lobbenberg - HSBC

Daniel Roeska - Bernstein Research

Carolina Dores - Morgan Stanley

Muneeba Kayani - Bank of America

Johannes Braun - Stifel Europe

Dennis Weber

Yes. Thank you and good afternoon, ladies and gentlemen, and welcome to the presentation of our results for the First Quarter of 2021. With me on the call today are our CEO, Carsten Spohr; and our new CFO, Remco Steenbergen. Carsten Spohr will start the presentation with a review of quarterly results. He’ll also give you an overview of our strategic priorities for the next year. He’ll be followed by Remco Steenbergen, who will further detail our results and present some of our key initiatives to restore the strength of our balance sheet. We’ll conclude today’s call with two Q&A sessions. Similar to prior quarters, the first Q&A session will be for all financial analysts and held in English language. Afterwards, we'll hold an additional Q&A session for the press in German language.

Carsten, over to you.

Carsten Spohr

Yeah, thank you, Dennis, and warm welcome to all of you around the world wherever you are, in your home offices, maybe some on the beach. Thanks for joining this call today from our headquarter here in Frankfurt. And, obviously, gentlemen, that now one-year after the beginning of the pandemic, our global air travel industry in the situation, obviously still remains extremely challenging. Nevertheless, and we tried to explain that today, we do look to the future with quite some confidence

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