All Lufthansa articles
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NewsItaly files Lufthansa-ITA remedy measures
Italy’s finance ministry has sent details to the European Commission of the remedies package supporting Lufthansa’s planned acquisition of a 41% stake in national carrier ITA Airways.
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NewsLufthansa sticks to full-year outlook after third quarter profit of €1.3bn
Lufthansa Group has confirmed its full-year profits target citing strong demand over the remainder of the year after posting 9% lower operating profit of €1.34 billion ($1.45 billion) in the third quarter.
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NewsUS DOT slaps Lufthansa with $4m fine for discriminating against Jewish travellers
The US Department of Transportation (DOT) has fined Lufthansa $4 million for discriminating against passengers, the largest such penalty ever against an airline for civil rights violations.
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NewsSpohr still optimistic of completing ITA deal in fourth quarter
Lufthansa Group chief executive Carsten Spohr is still targeting completing its deal to acquire a stake in Italian carrier ITA Airways before year-end.
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NewsLufthansa challenges weigh down wider group as profits fall 37% in second quarter
Lufthansa Group adjusted earnings before interest and taxes (EBIT) fell 37% in the second quarter to €686 million ($742 million) despite revenues passing €10 billion for the first time, as challenges at its German operations in particular took a toll.
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NewsGerman struggles prompt Lufthansa to cut full-year profit outlook for second time
Lufthansa Group has cut its full-year profit expectations for a second time after disclosing adjusted EBIT down more than one-third at €686 million ($745 million) for the three months ended June 2024.
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NewsLufthansa faces in-depth re-assessment of €6bn pandemic aid after EU court ruling
German flag-carrier Lufthansa is facing an in-depth investigation by the European Commission over its €6 billion ($6.5 billion) recapitalisation during the Covid-19 pandemic, following court annulment of the original approval. The state aid measure comprised a €5.7 billion silent participation, made up of two financial instruments, plus a €306 million ...
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NewsLufthansa, KLM and SAA pay $900m for ‘extreme delays’ in refunding passengers
The US government has secured more than $900 million in refunds for passengers who faced “extreme delays” in receiving compensation from for Covid-19-related flight changes and cancellations.
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NewsSpohr expects ‘direction’ of Commission decision on ITA deal this week
Lufthansa Group chief executive Carsten Spohr expects to get an indication this week from the European Commission on its decision regarding the group’s planned move to acquire a stake in ITA Airways.
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Airline BusinessLufthansa takes actions as it counts cost of strikes and new pay deals
While Lufthansa Group put much of the focus on strike disruption for the trebling of first quarter losses and a reduced profit outlook for the year, it is almost mindful of the cost implications related to the new pay deals it took to end the disputes.
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NewsLufthansa sees revised capacity outlook in line with risk of delivery delays
Lufthansa Group believes it has already factored in the impact of aircraft delivery delays this year after scaling back its capacity growth aspirations.
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NewsSpohr hopeful of ITA acquisition approval this summer
Lufthansa Group chief executive Carsten Spohr is optimistic it can secure approval for its planned acquisition of Italian carrier ITA Airways this summer amid what he describes as “constructive” talks with European competition regulators.
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NewsLufthansa cuts full-year guidance as strikes prompt first quarter losses to deepen
Lufthansa Group has lowered its profits outlook for the full-year after disclosing a deeper than expected adjusted EBIT loss of €849 million ($903 million) for the first quarter amid strike disruption.
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NewsLufthansa seals labour deal with ground staff
Lufthansa has struck a new labour deal covering ground staff represented by German trade union Verdi, ending a deadlock which had resulted in disuption to the carrier’s services earlier this yer.
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NewsEuropean regulator flags competition concerns over Lufthansa-ITA deal
European regulators cite some short-haul routes to central Europe, long-haul routes to North America and Japan and ITA Airways’ strong position at Milan Linate airport as key areas that could restrict competition if Lufthansa completes a deal to acquire a stake in the Italian carrier.
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NewsIAG chief warns blocking consolidation could ‘destroy’ airlines
The chief executive of IAG has implored regualtors to allow consolidation to happen in Europe, arguing that the futures of some carriers are at risk if deals are blocked
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News’Like lipstick on a pig’: Ryanair chief slams Single European Sky reforms
Ryanair group chief executive Michael O’Leary has hit out at the European Union’s reforms of its Single European Sky initiative, branding them as “useless”.
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News’ITA deserves a future’: Lufthansa chief
Lufthansa Group chief executive Carsten Spohr is “optimistic” about the business securing a stake in Italian carrier ITA Airways as the European Commissions nears a crucial stage of its investigation into the deal.
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NewsLufthansa Technik plans investments of €1.2bn in the next four years
Lufthansa Group’s engineering unit Lufthansa Technik plans to invest €1.2 billion ($1.31 billion) in the next four years to support its “Ambition 2030” strategic growth plan.
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NewsLufthansa braced for fresh strike disruption
German carrier Lufthansa and regional unit CityLine are braced for fresh strike disruption on 12 and 13 March, this time as cabin crew represented by the UFO union have called a stoppage.