All Austrian articles
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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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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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NewsAustrian to modernise fleet with 787s over next five years
Lufthansa Group carrier Austrian is expecting to modernise its entire long-haul fleet with Boeing 787-9s over the next five years. It will introduce its first of 10 787-9s from next year, increasing the airline’s overall fleet to 66 aircraft for the 2024 schedule. As the remaining nine 787s arrive, they ...
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InterviewCarsten Spohr on how Lufthansa is back on the front foot
If the impact of the pandemic continues to be felt by both its airlines and the wider industry this year, new product investments and acquisition moves underline Lufthansa Group chief executive Carsten Spohr’s determination that this should not prevent it from regaining the initiative.
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NewsLufthansa confirms strong rebound to profit in 2022
Lufthansa Group is projecting a “further significant improvement” in profit this year after confirming its return to the black in 2022 with an adjusted EBIT of €1.5 billion ($1.6 billion).
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NewsStrong end to 2022 prompts Lufthansa Group to raise full-year profit forecast
Lufthansa Group has raised its full-year operating profit forecast to around €1.5 billion ($1.6 billion), as the final months of 2022 exceed expectations.
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NewsLufthansa 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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NewsLufthansa 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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NewsAustrian trims business-class on 777 fleet to fit more premium-economy seats
Austrian Airlines is to reconfigure its Boeing 777-200ER fleet, shifting the balance away from business-class accommodation in favour of premium-economy. It will remove six business-class seats from each of its six aircraft, in order to increase accommodation in the other cabins. Austrian’s 777s are currently fitted with 306 seats comprising ...
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NewsAustrian Airlines receives first A320neo
Lufthansa Group carrier Austrian Airlines has received its first Airbus A320neo following a flight from Toulouse on 13 September. The aircraft (OE-LZN), fitted with Pratt & Whitney PW1100G engines, arrived in Vienna as flight OS1472. It has been delivered with an all-white fuselage and fin, because it is to be ...
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NewsLufthansa 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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NewsLufthansa Group expects to report Q2 profit despite passenger airline loss
Lufthansa Group expects to report an operating profit for the second quarter of 2022, driven by the performance of its cargo and MRO units.
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AnalysisAirline CEO changes in 2022 dominated by appointment of women and upheaval in India
The global airline executives gathering in Doha for this year’s IATA AGM will reflect recent trends including better gender diversity among incumbents and big changes at Indian carriers
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NewsOn International Women’s Day, female CEOs account for 7% of airline total
Seven of the world’s top 100 passenger airlines are led by women, according to FlightGlobal analysis updated to mark International Women’s Day – a total that represents a high point in five years of data.
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AnalysisAirline CEO churn moderated in 2021 – with Canada clearout the exception
Fifteen of the world’s top 100 airlines and groups welcomed new chief executives in the 12 months to early December 2021, according to FlightGlobal’s latest survey, with upheaval among North American airlines a notable theme – and one that is set to continue into 2022.
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NewsRitter takes helm of Lufthansa Airlines as part of wider leadership rejig
Eurowings chief operating officer Jens Ritter is to take the helm of Lufthansa Airlines, while the airline group’s head of corporate responsibility Annette Mann will lead Austrian Airlines as part of a series management changes
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NewsAustrian cites low-cost competition as it outlines tourism-focused 2022 network
Austrian Airlines is planning to focus on leisure destinations in 2022, as it acknowledges likely strong competition from low-cost cost carriers at Vienna airport.
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NewsLufthansa sees positive trend after returning to profit in third quarter
Lufthansa Group posted a positive adjusted operating profit for first since the pandemic and expects to avoid cash drain in the seasonally tough final quarter of the year.
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NewsLufthansa Group cites ‘strong bookings’ as cash flow turns positive
The relaxation of travel restrictions in some markets and a consequent increase in bookings helped Lufthansa Group to stop cash outflows during the second quarter.
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NewsAustrian fears EU climate proposals will ‘distort competition’
European Commission proposals aimed at reducing airlines’ carbon emissions may harm competition in the bloc while doing little for the environment, Austrian Airlines has warned.