Turkish airlines CEO is optimistic about 2017
25 April 2017 | 9:37 am
Bilal Eksi, chief executive officer and deputy chairman at Turkish Airlines, discusses the state of his business and his relationship with Lufthansa.
12 Jan 2020
Lufthansa has canceled its routes to Iran, as well as those of Austrian Airlines. Many other major airlines have announced new flight plans that avoid Iranian and Iraqi airspace.
21 Jan 2020
German cabin crew union UFO has announced it will strike again for more pay and recognition as a Lufthansa negotiating partner. Over 2,000 flights were canceled during the union's last strike.
9 Apr 2020
Lufthansa has said it will take "years" before demand for air travel reaches pre-coronavirus levels. The airline said new changes will affect "almost all" flight operations.
24 Apr 2020
The German airline disclosed €1.2 billion in losses for the first quarter of 2020 as sales fell by 50% in March alone. State loans from Germany, Belgium, Austria and Switzerland are likely to rescue the company.
2 May 2020
Lufthansa is seeking a €10 billion bailout that would give the German government a massive stake in the airline, Der Spiegel reports. The German flag carrier has said it is losing €1 million an hour due to the pandemic.
23 May 2020
German Chancellor Angela Merkel has said there will be a decision "soon" on a potential rescue program for airline giant Lufthansa. The carrier was seeking capital as it struggles to cope with the coronavirus pandemic.
25 May 2020
The much-anticipated deal is being reported by German news agency DPA. The rescue package is meant to help the airline cope with losses incurred by the effects of the COVID-19 pandemic.
4 Jun 2020
The German airline group Lufthansa says it will undergo "far-reaching restructuring" after reporting a net loss of €2.1 billion in the first three months of the year. The changes will include job cuts at its Brussels Airlines and Austrian Airlines brands. Lufthansa's board agreed on Tuesday to a €9 billion German government rescue loan to help it through the crisis. Also today, shares in French carmaker Renault jumped in early trading in Paris after it formally secured a €5 billion government-backed loan to shore up its finances.
12 Jun 2020
Tens of thousands of jobs could be cut at German airline Lufthansa. Executives said Thursday personnel costs had to be reduced drastically to ensure a better restart following the coronavirus crisis.
25 Jun 2020
The German airline's top shareholder has said he will back the deal, quashing fears he would scupper the government's proposed rescue package. The €9 billion deal is set to be voted on by investors on Thursday.
7 Nov 2020
Hit by a slump in global travel demand, Lufthansa has posted a €2 billion loss for the third quarter of 2020. The firm plans to cut thousands of jobs as the coronavirus pandemic weakens its business outlook.
1 hour ago
Northeastern states in the US are experiencing historically high levels of air pollution due to wildfires in Canada. Experts say these types of situations will only increase in the future as the climate warms.
1 hour ago
English midfielder Jude Bellingham is set to leave Borussia Dortmund for Real Madrid, the Bundesliga club have confirmed. The teenager has scored 24 goals in 132 appearances for BVB.
2 hours ago
The former US vice president is launching a bid for the White House. This is no normal set of circumstances for Mike Pence, who was loyal to former US President Donald Trump for years, only parting ways with him after the Jan. 6 attack on the US Capitol. Pence is polling in the single digits and along with former New Jersey Governor Chris Christie is entering a growing field of Republican candidates challenging Donald Trump, who is the current frontrunner by far.
2 hours ago
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Ukraine's foreign minister has wrapped up a tour of Africa by saying that he welcomes plans for an African peace delegation to head to Ukraine and Russia but warned that it will take more than a ceasefire to resolve the war. UN judges decide that Rwandan genocide suspect Felicien Kabuga, who has dementia, is unfit to stand trial. And Human Rights Watch investigators call upon Nigeria to use more care in carrying out drone strikes after authorities admitted to killing 39 civilians.
2 hours ago
In the wake of an energy crisis triggered by Russia’s war in Ukraine, the world has become a lot more energy efficient, according to a new study. Are we seeing a permanent, global shift in energy transition? Yuka Royer speaks with Fatih Birol, the head of the International Energy Agency.