All Lufthansa articles – Page 4
-
NewsLufthansa continues non-core divestments with sale of business-travel payment arm
Lufthansa Group has divested its specialist corporate travel payments subsidiary AirPlus Servicekarten to the Swedish financial institution SEB Kort Bank. The sale is worth around €450 million ($495 million). Lufthansa Group had previously signalled that it was looking at divesting AirPlus, along with other non-core businesses, as part of a ...
-
Airline BusinessAirline Business performance tracker: Europe Q1 2023
Key data from the most-recent European earnings period – the January-March 2023 quarter – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
-
NewsLufthansa resumes A380 flights after three-year break
German carrier Lufthansa today resumed passenger flights with Airbus A380s for the first time since the pandemic.
-
NewsLufthansa plans long-haul growth for ITA
Lufthansa expects ITA Airways’ long-haul fleet to reach 24 aircraft by 2027 under a plan to develop the Italian carrier’s business from Rome Fiumicino.
-
Airline BusinessBhat looks to the long-term at Lufthansa cargo
Ashwin Bhat takes over after the cargo business reported record operating profits for three years in a row, but since then the market has weakened with both rates and volumes declining.
-
NewsSpohr sees ITA low market share making case for quick competition approval
Lufthansa Group chief executive Carsten Spohr argues the relatively weak market share of ITA Airways means there is a case for European regulators to deliver an early approval for its planned acquisition of a stake in the Italian carrier.
-
NewsSpohr confident ITA Airways can be profitable in 2025
Lufthansa chief executive Carsten Spohr believes ITA Airways can be profitable in 2025 if it can secure regulatory approval this year for its acquisition of a minority stake in the Italian carrier.
-
Airline BusinessLufthansa returns to growth ambitions with ITA deal
Lufthansa Group has agreed on options to potentially acquire the remainder of ITA Airways after striking a deal today to purchase 41% of the Italian carrier.
-
NewsLufthansa seals deal for stake in ITA Airways
Lufthansa has reached agreement to acquire a minority stake in ITA Airways under a plan which envisages the Italian carrier boosting revenues from €2.5 billion this year to €4.1 billion in 2027.
-
NewsItaly set to unveil agreement with Lufthansa for ITA stake
Italian government talks with Lufthansa over the latter acquiring stake in national airline ITA Airways appear to have come to fruition amid widespread reports that a deal could be announced on 25 May.
-
NewsLufthansa Group to buy four ex-LATAM Airlines A350-900s
Lufthansa Group will purchase four ex-LATAM Airlines Airbus A350-900s and add them its fleet this year.
-
PodcastAirline Business Podcast: Q1 earnings, Ryanair order, Go First woes, Joyce's Qantas legacy
Graham and Lewis discuss how European and North American carriers performed during the recent earnings season, which saw a degree of ‘normalisation’ and plenty of positivity about the summer
-
Airline BusinessHow strong is the corporate air travel recovery?
As airline quarterly earnings ‘normalise’ in the Covid-19 recovery, many large European and US carriers are beginning to quantify how strongly – or not – corporate travel is coming back.
-
NewsEU court annuls Lufthansa and SAS state aid approvals after Ryanair complaints
The European General Court has annulled the European Commission’s approval of state aid provided to Lufthansa and SAS during the Covid-19 crisis.
-
NewsThird of Swiss A220s grounded as Lufthansa boss lists supply constraints
One-third of Swiss’ Airbus A220 fleet is currently grounded amid supply-side challenges that will be a “major driver” of the industry in the coming years, according to Lufthansa Group chief executive Carsten Spohr.
-
NewsLufthansa predicts ‘summer travel boom’ after loss-making Q1
Lufthansa Group says it is on track to exceed its pre-Covid financial performance in the second quarter of the year, despite capacity still being significantly down on 2019 levels, amid strong post-Covid demand for travel.
-
NewsLufthansa expects first A350-1000 deliveries in 2026: CEO
Lufthansa Group chief executive Carsten Spohr says the first of the airline’s new Airbus A350-1000s will arrive in the fleet in 2026.
-
NewsLufthansa to start Munich-Bangalore flights, adds A380 to Bangkok and LA routes
Lufthansa is to begin services this winter to Bangalore in India, part of an expansion of its operations from Munich which will also see it deploy its returned Airbus A380s on flights to Bangkok and Los Angeles from the German city.
-
NewsLufthansa test-flies crucial atmospheric probe for climate-research A350
Lufthansa Group has flight-tested a measurement probe system which is crucial to the adaptation of one of the operator’s Airbus A350-900s to a climate-research aircraft. The German flag-carrier disclosed two years ago that it would modify the twinjet (D-AIXJ) to serve as a flight laboratory. It says it aims to ...
-
Airline BusinessAirlines should prioritise storytelling, not statements, on sustainability
United Airlines is setting a strong example with its latest sustainability campaign, which notably avoids broad-brush statements, writes airline marketing specialist Shashank Nigam