All Lufthansa articles – Page 3
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NewsAll Lufthansa airlines to be profitable for first time in 2023: Spohr
Improved performance across all its carriers means Lufthansa expects all its airline units to be profitable for the first time this year.
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NewsLufthansa sees no impact on 2024 capacity despite GTF issue grounding 20 aircraft each day
Lufthansa Group expects to ground 20 aircraft each day during 2024 because of continuing issues with Pratt & Whitney geared-turbofan (GTF) engines, but chief executive Carsten Spohr believes the mitigation measures it has in place mean capacity plans will not be impacted.
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NewsLufthansa sticks to full-year outlook after Q3 profits climb to €1.5bn
Lufthansa Group is sticking to its full-year profit expectations despite rising fuel costs, after posting a third quarter operating profit of €1.47 billion ($1.55 billion) on continued strong demand.
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NewsLufthansa completes sale of remaining catering business
Lufthansa Group has finalised the sale to private equity firm Aurelius Group of the remaining part of LSG Group, completing the divestment of its catering business.
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NewsLufthansa Group carriers aim to source 2,000 pilots over next two years
Lufthansa Group is aiming to recruit more than 2,000 pilots over the next two years in order to meet increasing demand. The company – which is commencing services with its new City Airlines operation next year – has embarked on a promotional campaign to source more cockpit crew. Lufthansa Group ...
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NewsLufthansa evaluates A220 and E-Jets as it confirms City Airlines will fly in 2024
Lufthansa Group has confirmed that new short- and medium-haul carrier City Airlines will begin flights in the summer of 2024, operating out of its Frankfurt and Munich hubs.
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Airline BusinessEuropean consolidation wave spreads north with Air France-KLM move for SAS
Consolidation within Europe post-pandemic has largely focused on opportunities for the big three airline groups to bolster their presence in the south of the continent.
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Airline BusinessHow airlines are investing in their digital futures
While battling antiquated IT systems and legacy practices remains a significant barrier, most carriers are investing in their digital futures, cognisant of the big revenue and cost benefits
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Airline BusinessEarly signs of ‘normalisation’ effects at airlines
Many airline leaders continue to argue that although visibility is limited, strong demand and yields are persisting into the northern hemisphere winter months. But there are also significant players highlighting signs of market ‘normalisation’
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NewsEngine issues and delivery delays could drive up prices and slow carbon-neutral progress: Lufthansa CEO
Trouble with Pratt & Whitney PW1100G turbofans and broader aerospace industry supply chain problems might drive up fares and will delay at least some carriers’ carbon-reduction plans.
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NewsLufthansa leans on A380s to maintain expansion and could keep superjumbos flying into 2030s
Lufthansa expects to continue operating its recommissioned Airbus A380s through the late 2020s or early 2030s due to factors including delayed deliveries of new Boeing 777-9s.
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News‘Infuriating’: Hawaiian’s CEO blasts Pratt’s PW1100G response as airlines plan to ground more jets
Hawaiian Airlines’ chief executive has taken issue with how RTX and subsidiary Pratt & Whitney (P&W) apparently plan to handle its massive recall of PW1100G geared turbofans (GTFs), which power Hawaiian’s Airbus A321neos.
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NewsLufthansa plots growth for rebranded leisure unit Discover Airlines
Lufthansa Group has dropped the Eurowings name from its newest leisure unit as part of a rebranding which will support Discover Airlines’ growth with six more aircraft over the coming year and expansion at Munich airport.
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PodcastAirline Business Podcast: Strong financials, market ‘normalisation’ and start-up stories
Graham and Lewis look back on another strong set of quarterly results from the global airline industry, while considering whether the coming months will see ‘normalisation’ in more markets.
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Airline BusinessAirline Business performance tracker: Europe Q2 2023
Key data from the most-recent European earnings period – the April-June 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
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Airline BusinessIs Ryanair right about competition in Germany’s airline market?
Although Ryanair and its chief executive Michael O’Leary have a long history of criticising Lufthansa’s market dominance, the Irish carrier’s latest complaints regarding German airport fees highlight some noteworthy market dynamics in the country at this stage of the Covid-19 recovery.
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NewsSAA restoring Star codeshares with Lufthansa Group carriers
South African Airways is restoring its Star Alliance codeshare relationship with Lufthansa Group, with a new agreement centred on Frankfurt services. The African carrier says the codeshare will provide access to the German hub as well as connections to several European destinations. SAA adds that it aims to introduce a ...
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NewsLufthansa seals long-term pay deal with pilots
Lufthansa mainline and cargo pilots represented by the Vereinigung Cockpit (VC) union have backed a new collective labour deal which will cover pay terms until at least the end of 2026.
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NewsProfitable Lufthansa foresees ‘unabated’ demand across rest of 2023
Lufthansa Group’s adjusted EBIT surged above €1 billion ($1.1 billion) in the second quarter, buoyed by strong demand and high yields amid industry-wide supply constraints.
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NewsLufthansa plans early adoption of trajectory-based downlink on new A320neos
Lufthansa Group is aiming to become an early adopter of trajectory-based information capability with the delivery of new Airbus A320neo-family aircraft from next year. The group is to receive more than 65 jets equipped with the ‘extended projected profile’ technology which is based on enhanced ADS-C surveillance transmissions between the ...