All Lufthansa articles – Page 15
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NewsNew CEOs named at Swiss, Brussels Airlines and Lufthansa Cargo
Lufthansa Group has appointed three new chief executives from within its ranks to lead its Swiss, Brussels Airlines and Lufthansa Cargo subsidiaries from early next year. Dieter Vranckx will take the helm at Swiss on 1 January, succeeding Thomas Kluhr who is stepping down at the end of this year. ...
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NewsLufthansa network carriers to end free meals on short-haul flights
Lufthansa, Swiss and Austrian Airlines are to switch to a buy-on-board meal service for economy passengers on short- and medium-haul flights next year.
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NewsLufthansa reaches savings deal with ground staff for 2021
Lufthansa has reached a preliminary €200 million ($237 million) savings deal with the Verdi union which provides employment protection for ground staff next year in return for concessions.
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NewsLufthansa Group names new chief financial officer
Lufthansa Group has appointed Remco Steenbergen to serve as chief finance officer from 1 January. He currently holds the same position at Swiss chocolate and cocoa manufacturer Barry Callebaut Group. Lufthansa says its finance department will be “re-established” with Steenbergen’s appointment. The airline’s previous finance chief, Ulrik Svensson, stepped down ...
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NewsLufthansa lifts liquidity with €600m bond issue
Lufthansa has bolstered its liquidity by placing a €600 million ($712 million) convertible bond. The German airline group says the transaction was more than six times oversubscribed. The bonds, which have an annual coupon of 2%, are redeemable in November 2025. Source: Lufthansa Lufthansa Group executive board ...
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NewsLufthansa prepares ground for possible part-sale of MRO unit
Lufthansa Group is making preparations for responding to enquiries from investors interested in taking a stake in its MRO division.
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NewsLufthansa to scale winter capacity back after further losses in third quarter
Lufthansa Group will cut capacity to no more than a quarter of previous-year levels for the rest of the 2020 after disclosing a third-quarter net loss of almost €2 billion ($2.3 billion).
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NewsA321 brushed past glider during descent into Class E airspace
German investigators have attributed a serious airprox incident, in which a Lufthansa Airbus A321 crew failed to see a glider, to a decision allowing the jet to descend into Class E airspace during its approach to Hamburg. The encounter occurred north-east of Hamburg, on 23 July last year, as the ...
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NewsLufthansa Cargo plans ‘extensive and dense’ winter operation
Lufthansa Cargo plans to operate an “extensive and dense” freighter network during the winter season as air freight demand has held up amid the pandemic.
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NewsDeal restores flights between India and Germany
India has struck a deal to restore flights to Germany, which had ended abruptly in late September amid a row over parity of services.
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NewsLufthansa expects third-quarter EBIT loss of €1.3 billion
Lufthansa Group’s preliminary third-quarter results indicate that losses were less steep than in the previous quarter, which it attributes to an expanded summer flight schedule and “considerable cost reductions”. The German airline group expects to post an adjusted EBIT loss of almost €1.3 billion ($1.5 billion) for the three months ...
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NewsLufthansa shifting A350s to Frankfurt to take over 747 routes
Germany’s Lufthansa is to shift a batch of Airbus A350-900s to Frankfurt, where they will take over routes operated by Boeing 747-8s. Lufthansa has so far focused A350 deployment exclusively on its Munich hub. The airline has 43 of the twinjets on order and has received 16 of them. Four ...
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NewsNo new pilots needed for ‘very long time’: Lufthansa training arm
Lufthansa’s in-house flight academy has advised student pilots to consider other careers as the industry will not require them “for a very long time”.
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NewsUnions up the ante in row over Lufthansa’s Ocean plan
Three trade unions representing Lufthansa staff have sharply criticised the airline’s planned new leisure subsidiary Ocean in a joint open letter to German chancellor Angela Merkel.
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NewsLufthansa cancels Indian flights amid route rights row
Lufthansa is calling for a temporary agreement between Germany and India after it was forced to cancel flights to the country until 20 October amid a row over access under the current travel bubble arrangements. Germany was one of several countries India negotiated a “travel bubble” agreement with in the ...
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NewsSwiss chief Kluhr to step down at year-end
Lufthansa Group carrier Swiss’s chief executive, Thomas Kluhr, is to resign from his post at the end of this year, having delayed his departure from March. Swiss states that Kluhr, who has headed the airline for nearly five years, has requested that the board “release him from his duties”, and ...
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NewsLufthansa sees post-crisis ‘flagship’ role for 747-8
Lufthansa intends to keep its Boeing 747-8s in service while grounding all its Airbus A380s amid a stepped-up fleet-reduction effort and a wider industry trend toward smaller long-haul twinjets.
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NewsAirline dependency on state support a new normal: Lufthansa chief
Citing government shareholdings in Air France-KLM and the part-ownership of IAG by state-owned Qatar Airways, he says the German stake in Lufthansa is “at the very low side of my global competitors”.
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NewsLufthansa to mothball entire A380 and A340-600 fleet
Lufthansa Group will put all of its Airbus A380s and 10 of its A340-600s into long-term storage, only to be reactivated in the event of an “unexpectedly rapid market recovery”, and will permanently remove the remainder of its A340-600 fleet from service.
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NewsUnion criticises Lufthansa’s launch plan for new leisure unit
German pilot union Vereinigung Cockpit has expressed scepticism about Lufthansa’s planned a new leisure subsidiary Ocean, and intends to oppose efforts by the airline to employ crews without collective labour agreements.