Lufthansa

German aviation giant Lufthansa reports €2 billion loss in third quarter

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…

4 years ago

by Abiodun Ogundairo

Coronavirus digest: Germany reports more than 1,000 cases for the first time since May

Infections in Germany have hit a three-month high. Ukraine has reported its highest figure yet. Meanwhile, Lufthansa has posted a net loss of €1.5 billion. Catch up with the latest news on…

4 years ago

News·World

Lufthansa: Up to 26,000 jobs at risk

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.…

5 years ago

Business·News

Lufthansa to cut jobs after reporting €2.1 billion loss

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…

5 years ago

Business·News

German govt to gain 25.1% stake in Lufthansa bailout: report

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…

5 years ago

Business·News

Lufthansa grounds Germanwings and cuts fleet size

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.…

5 years ago

Business·News

Lufthansa cabin crew threaten longer strikes

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.…

5 years ago

Business·News

Lufthansa nixes Iran flights, other airlines reroute

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.…

5 years ago

Business·News

Lufthansa averts strike, subsidiary airlines still hit

A key air crew trade union called off a Sunday strike at Lufthansa after the airline offered them a pay rise. However, they still plan a walkout on flights run by Lufthansa's…

5 years ago

Business·News

British Airways, Lufthansa cancel flights to Cairo over security concerns

British Airways has suspended flights to Cairo for seven days over what Britain's Foreign Office has called a "heightened risk of terrorism." Lufthansa has also temporarily canceled its flights to the Egyptian…

5 years ago

Business·News

Lufthansa CEO says Airline consolidation ‘Overdue’

Even in the midst of a global trade war, Lufthansa's outlook for his industry remains optimistic. Lufthansa CEO Carsten Spohr spoke to Bloomberg's Stephen Engle at IATA's annual meeting in Seoul.…

6 years ago

Business·News

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Lufthansa

German aviation giant Lufthansa reports €2 billion loss in third quarter

Coronavirus digest: Germany reports more than 1,000 cases for the first time since May

Lufthansa: Up to 26,000 jobs at risk

Lufthansa to cut jobs after reporting €2.1 billion loss

German govt to gain 25.1% stake in Lufthansa bailout: report

Lufthansa grounds Germanwings and cuts fleet size

Lufthansa cabin crew threaten longer strikes

Lufthansa nixes Iran flights, other airlines reroute

Lufthansa averts strike, subsidiary airlines still hit

British Airways, Lufthansa cancel flights to Cairo over security concerns

Lufthansa CEO says Airline consolidation ‘Overdue’

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