All Lufthansa articles – Page 7
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News
Lufthansa Group reports strong forward demand as Q3 profit exceeds €1bn
Lufthansa Group is expecting strong demand for air travel to continue “into the coming months”, despite the economic and geopolitical headwinds faced by the airline industry and wider economies.
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News
Lufthansa Group raises full-year earnings forecast above €1bn
Lufthansa Group is hiking its outlook for full-year adjusted earnings to more than €1 billion ($984 million), following indications of a strong third quarter. The German company says the increase is based on the current booking situation which “continues to reflect strong demand” over the next few months. It adds ...
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News
Lufthansa hub to host permanent display of vintage L-1649 and Ju 52
Lufthansa is to put its vintage Lockheed L-1649 Starliner and Junkers Ju 52 on permanent display either in Frankfurt or Munich as part of a centenary celebration. It had offered pleasure flights on its Ju 52 for decades until the company sought to reduce funding to its aviation heritage division. ...
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News
Lufthansa to install enclosed first-class suites in new group-wide long-haul cabin
Lufthansa Group has launched the ‘Allegris’ cabin product for its long-haul fleet, which will see its first-class passengers benefit from enclosed suites for the first time.
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Airline Business
European airline summer fades with clouds still on supply and demand horizon
After a summer in which travel demand was everything European carriers could have dreamt of, accompanied by nightmare operational challenges, attention is turning to what extent both trends might reappear next year
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Podcast
Airline Business Podcast: Winter worries, Emirates-United tie-up, Frontier and Blue Air
Graham and Lewis discuss the transition from a positive summer period in terms of demand and - in some cases - profits to an uncertain winter, with a long list of challenges clouding the 2023 outlook.
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News
Ryanair and Lufthansa Group sign for sustainable fuel with OMV
Budget carrier Ryanair has reached a provisional agreement with Austrian energy firm OMV covering the supply of sustainable fuel at various airports. The memorandum of understanding will give Ryanair the ability to purchase up to 160,000t of fuel over the next eight years. Ryanair says the agreement will involve delivery ...
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Airline Business
How Covid crisis has accelerated evolution of airline technology strategies
For airline IT leaders, the pandemic brought big challenges but also huge opportunities when it came to transforming business practices with an eye on longer-term strategies
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News
Edelweiss chief adds leadership of Eurowings Discover
Lufthansa Group is to bring its two leisure carriers Edelweiss and Eurowings Discover under one leader as the chief executive of the Swiss unit is to take on the same role at the recently launched German operation.
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News
German government support fund sells entire remaining Lufthansa shareholding
Germany’s economic stabilisation fund has fully withdrawn its interest in flag-carrier Lufthansa, stating that its role in securing the company is complete. The fund contributed to the airline through state-aid measures implemented in 2020 as the pandemic crisis took hold. This aid took the form of a ‘silent’ participation of ...
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News
Lufthansa finalises terms with pilots to prevent strike action
Lufthansa Group has agreed terms on a pay deal with its pilots which rules out further industrial action before 30 June next year.
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News
Lufthansa Group averts latest strike threat after 'partial' agreement with pilots
Lufthansa Group has averted a threatened pilot strike at two carriers after reaching a partial agreement with the cockpit union. The German operator had been facing a 48h strike by Lufthansa pilots and a 72h walkout by Lufthansa Cargo crews, both set to commence on 7 September. But the two ...
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News
Lufthansa Group faces pilot strike at two carriers while Eurowings crews add to pressure
Germany’s Lufthansa Group is facing a one-day pilot strike at two carriers after failure to reach a collective agreement, while cockpit crews at sister airline Eurowings have put additional pressure on the parent company. Pilots at Lufthansa and Lufthansa Cargo have called a 24h strike for 2 September. The industrial ...
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News
Lufthansa takes delivery of first 787
Lufthansa has taken delivery of its first Boeing 787-9, as the airframer resumes deliveries of the type to European customers after a hiatus of more than a year.
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News
Lufthansa facing strike action by pilots as negotiations stall
German flag-carrier Lufthansa is facing the prospect of strike action by pilots, after failing to reach a collective agreement with union Vereinigung Cockpit. The union says it was recently engaged in four days of discussions about a framework under which to continue negotiations. But these ended without agreement and the ...
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Podcast
Airline Business Podcast: 787 return, supply-chain impact and Farnborough thoughts
Graham and Lewis discuss the resumption of Boeing 787 deliveries and the impact of supply-chain issues on fleet planning.
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Airline Business
Airlines report profits amid troublesome geopolitical and economic outlooks
The current financial results season has seen more airline groups return to profit for the quarter ending 30 June, with many reporting higher-than-expected demand and strong yields in passenger and cargo markets. The latest to report is Lufthansa Group, which today cited a “boom in demand for airline tickets” as ...
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News
Airbus and Boeing delays add to ‘global supply bottleneck’: Lufthansa chief
Aviation is facing a “global supply bottleneck”, in the view of Lufthansa Group chief executive Carsten Spohr, which will constrain capacity going into 2023 and support “sustainable” yields at the European airline group. “The times of overcapacity as we have seen, for example, right before the pandemic, we believe are ...
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News
Lufthansa Group reports Q2 profit despite disruption keeping airlines in red
Lufthansa Group achieved an operating profit of €393 million ($400 million) in the second quarter of this year and is “optimistic” for the full year, even as disruption-related costs kept its airlines unit in the red. The group’s cargo business was a standout performer for the three months to 30 ...
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News
Lufthansa Group to explore large sustainable fuel supply pact with Shell
Lufthansa Group has reached a tentative seven-year agreement with energy firm Shell potentially covering provision of sustainable aviation fuel up to the end of the decade. Under the exploratory – and still non-binding – memorandum, Shell would use a broad range of feedstock to produce the fuel. The two sides ...