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Lufthansa Expects Second-Half Improvement

02:59am, Tuesday, 30'th Apr 2024
Lufthansa said it expects an improvement in its second-half operating result, with capacity seen at more than 95% of prepandemic levels in the third quarter, but cautioned that unit revenue will fall
EU antitrust regulators have extended the deadline on their decision on Lufthansa's 325 million euro ($348.5 million) bid for a 41% stake in state-owned ITA by a week to June 13, according to the Euro
Lufthansa executives and lawyers will attend a day-long hearing in Brussels on Friday to try to convince EU antitrust regulators to clear the company's bid for a minority stake in Italian rival ITA Ai
Lufthansa's new remedies on its ITA Airways stake buy are not markedly different from an earlier package rejected by EU antitrust regulators which have also discounted Ryanair as a rival in its scruti
German airline giant Lufthansa reported a hefty first-quarter loss Monday and downgraded its 2024 outlook due to recent strikes, while warning of risks from conflict in the Middle East.
German airline Lufthansa has offered concessions aimed at securing EU antitrust approval for its acquisition of a minority stake in Italian carrier ITA Airways, an update on the European Commission we
Lufthansa and United Airlines continue to monitor the situation in the Middle East, with the former suspending all flights to some places like Tehran, until April 18.
Lufthansa suspended flights to and from Tehran due to heightened security risks in the Middle East after U.S. officials said that an attack on Israeli assets by Iran or its proxies could be imminent.
Lufthansa and the flight attendants' union UFO have agreed a pay rise for the German airline's 19,000 cabin staff, the union said on Thursday, ending the threat of strikes after wage disputes in the i
German airline Lufthansa on Wednesday said it had reached an agreement with union Verdi on a pay raise for its 25,000 ground staff after weeks of wage dispute and strikes that have left thousands of p
The years following the COVID-19 pandemic have seen a resurgence in travel demand, with global populations returning to air travel. While promising for many aviation companies, this rising trend could
Germany's Lufthansa said on Monday that it will analyse the concerns outlined by EU antitrust regulators over its bid for a minority stake in Italian rival ITA Airways.
Lufthansa's bid for a minority stake in Italian rival ITA Airways could harm competition and lead to higher prices, EU antitrust regulators said on Monday, ramping up pressure on the German carrier to
Lufthansa wants to close a deal with Italy's ITA Airways "as soon as possible," Lufthansa's Chief Executive told journalists on Wednesday, adding that he was optimistic ahead of an expected statement
Lufthansa's cabin crew union has called on its members to strike at Lufthansa and short-haul carrier CityLine on Tuesday and Wednesday to press their demands for higher pay.
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