Airline shares dropped on Friday after European governments announced further travel restrictions to fight growing Covid infection rates.
German airline Lufthansa is losing 1 million euros ($1.2 million) every two hours, which represents "a significant improvement" over the low point of the COVID-19 crisis, Chief Executive Carsten Spohr
Today, there are many bubble stocks of companies working on new technology and new products. Many investors already avoid these stocks. But which stocks of established companies should be avoided? I l
In an announcement on Wednesday, Deutsche Lufthansa AG (ETR: LHA) said it had reached an agreement with pilots' union Vereinigung Cockpit (VC) that will slash costs by up to £406.37 million and secur
Lufthansa and its pilots have reached an agreement that secures jobs until end-March 2022 and could help reduce costs by as much as 450 million euros ($548 million), pilots' union Vereinigung Cockpit
Sabre (SABR) strengthens partner base with the recently announced agreement with Lufthansa Group airlines to continue to distribute the latter's content to travel agencies through its GDS.
Following is a transcipt of the video. Narrator: Cargo planes like this MD-11 will soon be transporting the most anticipated vaccine of the 21st century. Prior to the coronavirus, Lufthansa Cargo inve
Countries around the world have begun to approve the most anticipated vaccine of the 21st century — but getting it to 8 billion people is going to be a massive undertaking with many logistical chall
Lufthansa will have to lay off 1,000 pilots in the second quarter if it cannot seal a wage agreement with unions, Chief Executive Carsten Spohr told German magazine Wirtschaftswoche.
Lufthansa will have shed 29,000 staff by the end of the year and the German airline will cut another 10,000 jobs in its home country next year as it struggles to cope with the coronavirus, a newspaper
A deal to cut costs and save jobs at Lufthansa has won the support of a majority of the Verdi trade union members who work for the German airline as ground staff, according to the results of a ballot
Lufthansa Cargo (LSE: LN) and third-party logistics provider DB Schenker are using a purchase of sustainable aviation fuel as a signal to customers and logistics companies that they should do more to
Airlines could see recovery starting in 2021, says Daniel Roeska, senior research analyst at Bernstein, naming which carriers are most likely to survive.
From December, five major global airlines will begin accepting a digital health pass that proves passengers don't have COVID-19. Passengers on selected flights operated by United Airlines, Lufthansa,
German airline Lufthansa , slashing costs as it struggles to cope with the impact of the COVID-19 pandemic, said on Tuesday it will stop offering free snacks to economy class passengers from next spri
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