Lufthansa

Reports indicate Lufthansa may sell Brussels Airlines or let it go bankrupt

Lufthansa could let its Belgian subsidiary Brussels Airlines go bankrupt or sell it, La Libre newspaper reported on Friday, citing anonymous sources at the airline. Brussels Airlines, which employs 4,200…

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Lufthansa warns its bailout deal is in jeopardy

German airline Lufthansa warned that it might need to apply for creditor protection if its state-backed bailout failed to win sufficient shareholder support in a vote later this month.…

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Lufthansa says up to 26,000 employees at risk of losing jobs

Lufthansa admitted on Wednesday that the positions of up to 26,000 employees are surplus to requirements, suggesting many more jobs will be cut at the German carrier than a figure…

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Lufthansa introduces “homecoming guarantee”

Passengers returning to Germany from abroad amid the coronavirus pandemic will have a “homecoming guarantee” if they fly with Lufthansa, the company’s CEO Carsten Spohr said. “We’re introducing a homecoming…

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Lufthansa vows company revamp as losses balloon

Lufthansa vowed to step up up restructuring measures after posting a first-quarter net loss of 2.1 billion euros ($2.35 billion), days after agreeing a state bail-out amid the fallout from…

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Lufthansa posts a net loss of 2.1 billion euros

German airline Lufthansa posted a net loss of 2.1 billion euros ($2.35 billion) in the first quarter, writing down the value of assets as the coronavirus pandemic hits the travel…

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Lufthansa’s board accepts demands from EC in exchange of €9 billion bailout

Lufthansa's management board accepted a more favourable set of demands made by the European Commission in exchange for approval of a 9 billion euro ($10 billion) government bailout, the carrier…

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German official sees Lufthansa bailout within reach

The Berlin government is likely to reach a deal with Brussels on a $10 billion government bailout of stricken airline Lufthansa, senior government official Thomas Jarzombek said on Friday, but…

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Ryanair challenges Germany’s rescue of Lufthansa

Ryanair challenged Germany's 9 billion euro rescue package for Lufthansa saying it distorted competition. This challenge came at the same time that the German carrier moved towards finalising the deal…

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German government and Lufthansa agree on 9 billion euro bailout preliminary deal

The German government and Lufthansa, which has been hit hard by the coronavirus pandemic, have reached a preliminary deal on a 9 billion euro ($9.8 billion) bailout. The airline has…

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Lufthansa to restart flights to 20 destinations from mid-June

Lufthansa, which is in talks with the German government over a 9 billion euro bailout, will resume flights to 20 destinations from mid-June, including some holiday hot-spots, a spokeswoman said on…

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Lufthansa in advanced talks for state rescue deal worth about $10 billion

Airline Lufthansa said on Thursday it is in advanced talks with the German government’s economic stabilisation fund over a rescue deal worth up to 9 billion euros (8 billion pounds),…

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Belgium tells Lufthansa state aid possible if conditions met

The Belgian government said it was committed to reaching a deal with Lufthansa to save its Belgian subsidiary Brussels Airlines if the future of the national carrier was guaranteed. Belgian…

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Lufthansa restores routes, targets 1,800 weekly flights

Lufthansa plans to resume flights to destinations including Los Angeles, Toronto and Mumbai next month as it begins to restore some of the capacity grounded by the coronavirus crisis, the…

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Lufthansa negotiating a 9 billion euro bailout programme

Lufthansa is negotiating a 9 billion euro ($9.71 billion) bailout with Germany's economic stabilisation fund to ensure its future, the airline said on Thursday. The "stabilisation package" includes a non-voting…

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Lufthansa hopeful of securing government bailout

Lufthansa is hopeful its bailout talks with the German government can be concluded soon, the airline’s board told staff in a letter seen by Reuters, adding that it is also…

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Lufthansa, Air France-KLM shares rise on bailout progress

Shares in Air France-KLM and Lufthansa LHAG.CE led European stock market gains on Monday on hopes that government bailouts would see them through the coronavirus crisis. Lufthansa was up 7%…

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Lufthansa seeks government bailout

German airliner Lufthansa published an interim report on its financial woes on Thursday, reporting a first quarter operating loss of €1.2 billion while the vast majority of its fleet is…

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Lufthansa helps deliver 8 million protective masks to Munich

A Lufthansa Cargo aircraft carrying eight million protective masks on board landed in Munich, late Tuesday afternoon. The Boeing 777F, named "Olá Brazil", departed Shanghai earlier this morning and after…

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Lufthansa grounds Germanwings and cuts fleet size

Lufthansa is shutting down its budget Germanwings subsidiary and getting rid of dozens of planes to weather the impact of the coronavirus crisis. Demand for flights has plummeted as countries around…

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Airline industry may not survive without state aid – Lufthansa

The airline industry may not survive without state aid if the coronavirus pandemic lasts a long time, Lufthansa warned on Thursday, predicting it would emerge into a “different world”…

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Lufthansa reduces its flight capacity by 50%

Due to the exceptional circumstances caused by the spread of Covid-19 and the resulting drastic decline in bookings as well as numerous flight cancellations Lufthansa Group decided to reduce the…

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Lufthansa braces itself for financial turbulence caused by Coronavirus

13 aircraft are currently not used within Lufthansa Group. The reason for this is the cancellation of flights to mainland China due to the coronavirus. But depending on how the…

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Lufthansa Group Airlines welcomed more than 145 million passengers on board in 2019

In 2019, the airlines of the Lufthansa Group carried a total of 145 million passengers on board. This represents an increase of 2.3 percent compared to the previous year. With…

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Lufthansa strike continues, 600 flights cancelled

About 600 flights were cancelled on Friday as a 48-hour Lufthansa cabin crew strike entered its second day. Germany's flagship airline cancelled the flights, from a total pool of 1362 flights,…

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1,300 Lufthansa flights cancelled as courts approve strike

Lufthansa cancelled 1,300 out of 6,000 flights scheduled — 700 on Thursday and 600 on Friday after German airline failed Wednesday with its injunction application and subsequent appeal against strike…

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German court approves Lufthansa strike

German airline Lufthansa were dealt a blow on Wednesday after a court ruled in favour of a union strike, dismissing an injunction brought forward by the air carrier. Lufthansa had made an…

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Lufthansa strike set to disrupt flights ahead of Berlin Wall anniversary weekend

A Lufthansa cabin crew 48-hour strike called for Thursday 7 and Friday 8 November strike is set to disrupt hundreds of flights. The strike was ordered by the UFO union as part…

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Delta Air Lines could pull out from consortium bidding for Alitalia

Delta Air Lines could pull out of a consortium looking to rescue Italy's Alitalia as it is unwilling to enter a possible bidding war with Lufthansa, newspaper Il Corriere della…

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Lufthansa ready to invest up to 200 million euros in Alitalia

German carrier Lufthansa is ready to invest up to 200 million euros in struggling Italian airline Alitalia, a source close to the matter said on Thursday. Confirming reports in two…

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Lufthansa cabin crew urged to strike

Lufthansa flights might be heading towards disruption as German cabin crew union UFO urged members to walk off their jobs at on October 20th, although the carrier contests the union’s…

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Lufthansa resumes services to Cairo

Lufthansa has resumed flights from Cairo, but British Airways says services will still be cancelled for another six days as a "precaution". On Saturday BA alerted passengers who were…

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British Airways suspends flights to Egypt as a security precaution

The British government issued a travel warning for Egypt on Saturday citing a “heightened risk of terrorism against aviation,” as British Airways and German carrier Lufthansa suspended flights to Cairo…

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Zurich Airport’s hub status is “at risk”

Zurich Airport risks losing its hub status if flight time restrictions are rolled out, warns the CEO of Lufthansa, the German parent company of Swiss International Air Lines. Carsten Spohr…

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Lufthansa issued profit warning resulting from rising fuel costs, excess seat capacity

Lufthansa has become the latest European airline to reveal it is suffering financial turbulence and said it would make a €336m loss for the first quarter of 2019. The German…

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