The German government said Monday it will sell part of the 20 percent stake it took last year in Lufthansa to prop up the airline group during the coronavirus pandemic.
Germany plans to sell up to a quarter of its 20% stake in Lufthansa over the coming weeks, the German finance agency said on Monday, citing positive developments at the bailed-out airline.
By Cecilia Butini
Deutsche Lufthansa AG (DLAKF) CEO Carsten Spohr on Q2 2021 Results - Earnings Call Transcript
Lufthansa Group sees high demand for tourist destinations in Europe and sees a gradual recovery of intercontinental travel, mainly to the U.S., and the upturn of corporate travel demand in the second
German airline Lufthansa said Thursday it halved its losses in the second quarter compared to a year ago, as pent-up demand for travel fuelled uptake and travel restrictions eased over the coronavirus
Germany's Lufthansa said on Thursday it further narrowed its losses in the second quarter and recorded its first positive cash flow since the start of the coronavirus crisis, citing faster than planne
Europe's second-highest court on Wednesday rejected Ryanair's challenge against state aid granted to Lufthansa unit Austrian Airlines and approved by EU competition regulators.
Passenger numbers at Lufthansa are currently around 40% of pre-pandemic levels and it is aiming to reach 60-70% by the end of the year, a manager at the German airline said.
Germany's Lufthansa plans to reactivate nearly all its routes by late summer, CAPITAL magazine cited the head of the airline's network management on Thursday.
German airline Lufthansa raised 1 billion euros ($1.2 billion) in a corporate bond sale on Wednesday, boosting its finances after a state bail-out due to the COVID-19 pandemic.
Lufthansa's chief executive said Friday that the company aims to pay back billions of euros in aid provided to help the airline through the coronavirus pandemic before Germany's election in late Septe
Germany wants to exit its stake in flagship carrier Lufthansa as soon as possible, Transport Minister Andreas Scheuer said on Friday.
Lufthansa wants to repay state aid it received during the pandemic before Germany's federal election in September if possible, the airline's chief executive said on Friday.
Germany's flagship carrier Deutsche Lufthansa said it aims to boost its return on capital employed (ROCE) and laid out plans for a capital increase as it prepares for a business recovery amid an easin
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