All Lufthansa articles – Page 2
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Airline Business
Asia key opportunity as Lufthansa aims to catch-up on capacity
Recovering Asia-Pacific markets will be a key part of Lufthansa Group plans for a 12% in capacity in 2024, even if ongoing supply chain challenges have prompted it to tone down its growth plans for the year.
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News
Spohr still optimistic on ITA, but will look ‘rationally’ at cost of deal concessions
Lufthansa Group chief executive Carsten Spohr insists the carrier will make a rational decision over the cost of any concessions attached to approval for its planned acquisition ITA Airways, but is encouraged by the approach to global competition of the incoming European Commission.
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News
Lufthansa posts €2.7bn full-year operating profit and expects similar in 2024
Lufthansa Group expects continued strong demand and double-digit capacity growth this year to help it match the €2.7 billion ($2.9 billion) operating profit it posted for 2023.
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News
New operator Lufthansa City unveils initial destinations from Munich
Lufthansa Group’s newly-established operator, Lufthansa City Airlines, has identified initial destinations which will feature on the carrier’s network.
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CityJet to wet-lease batch of CRJ1000s to Lufthansa Group
Irish-based regional carrier CityJet is to supply five Bombardier CRJ1000s to Lufthansa under a wet-lease agreement.
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News
Finance chief Steenbergen to leave as Lufthansa Group restructures management
Lufthansa Group chief financial officer Remco Steenbergen is to leave the European airline group as part of series of executive changes which also include the appointment for former Airbus and Rolls-Royce executive Grazia Vittadini as its new technology chief.
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News
Swiss CEO Vranckx to depart for Lufthansa Group executive board role
Swiss International Air Lines chief executive Dieter Vranckx will leave his post to join Lufthansa Group’s executive board, responsible for global markets and commercial steering hubs, in July.
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Airline Business
Regulators in no mood to wave through airline M&A activity
While it quickly became apparent that January 2024 would be remembered as an inauspicious start to the year for airline safety, from the mid-point of the month onwards it was clear that the same would be said regarding consolidation.
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News
Air Malta successor carrier to codeshare with Lufthansa Group
Newly-established Maltese operator KM Malta Airlines is entering a codeshare agreement with Lufthansa Group. KM Malta Airlines has been set up as a successor to Air Malta. It has secured an air operator’s certificate and aims to commence services from the end of March, using Airbus A320neos. The new carrier ...
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News
Lufthansa remedies to secure ITA deal fail to convince competition regulator
Lufthansa’s proposed acquisition of a shareholding in Italian operator ITA Airways is to undergo in-depth scrutiny by the European Commission, over concerns that it will affect both the short- and long-haul market out of Italy.
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News
Lufthansa A321P2F cracks ‘unrelated’ to freighter modification: EFW
Conversion specialist EFW believes the cracks discovered in two Airbus A321P2Fs operated by Lufthansa Cargo are not linked to its freighter modification of the aircraft. Its analysis of data shows the damage does not result in “any unsafe condition” for the freighters’ operation. Lufthansa Cargo discovered cracking of a shear ...
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News
EFW expects quick repair after cracks found on Lufthansa Cargo A321P2Fs
Passenger-to-freighter conversion specialist EFW has issued repair instructions to Lufthansa Cargo after the carrier discovered cracks on a pair of Airbus A321P2Fs, in the vicinity of the aft floor structure. EFW says it is “in close exchange” with the carrier, and expects the repairs to be completed “within a few ...
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News
New Lufthansa carrier City Airlines receives first A319
Lufthansa Group’s City Airlines unit has received its first aircraft ahead of it launching services in the upcoming summer season.
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News
Lufthansa orders first 737 Max jets as part of deal for up to 200 narrowbody aircraft
Lufthansa Group has placed a firm order for 40 Boeing 737 Max 8s and taken options on 60 more as part of wider deal which is also set to see it add more Airbus A220 and A320neo-family jets.
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News
Lufthansa Group carriers plan Tel Aviv return in January
Lufthansa Group carriers are set to resume flights to Israel next month, three months after suspending services amid hostilities in the region.
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News
Lufthansa Group becomes latest to firm Airbus carbon-capture contract
Lufthansa Group has firmed its commitment to the Airbus carbon-capture initiative, following a provisional agreement last year. The company had been among seven operators to sign letters of intent to take part in the programme. Lufthansa Group’s contract covers pre-purchase of verified carbon-removal credits for 40,000t of carbon dioxide – ...
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News
Italy and Lufthansa formally notify Commission over ITA deal
Lufthansa Group and the Italian government have formally notified the European Commission over a deal for the German carrier to take a minority stake in ITA Airways.
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News
Lufthansa drops plan to sell stake in MRO unit
Lufthansa Group has dropped plans to divest a partial stake in its engineering unit Lufthansa Technik after unveiling a new long-term growth plan for the division.
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Airline Business
Low nose-loading appetite leaves 747-8F as capability’s last stand
Low airline appetite for nose-loading freighters means the Boeing 747-8F is currently on course to be the capability’s swansong in terms of purpose-built commercial aircraft, despite it featuring on around 250 in-service examples today, according to speakers at The International Air Cargo Association’s (TIACA’s) Executive Summit in Brussels.
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Airline Business
Can European airline group consolidation aims come to fruition?
Consolidation is very much in the air for the three big European airline groups, all of whom are in the process of trying to get acquisitions done and with the prospect of a move for TAP Air Portugal still in the offing.