All Lufthansa articles – Page 2
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NewsLufthansa Group to take minority stake in partner carrier Air Baltic
Lufthansa Group has agreed to take a 10% convertible shareholding in Air Baltic, ahead of the Latvian carrier’s upcoming initial public offering. The agreement – valued at €14 million ($14.6 million) – involves Lufthansa’s acquiring convertible shares which would be changed to ordinary shares once the offering takes place. Lufthansa ...
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NewsLufthansa confirmed as 777-9 launch customer as Boeing works toward first delivery next year
Boeing confirms German carrier Lufthansa will be the launch operator for the in-certification 777-9, settling uncertainty about whether Emirates Airline might take the first of the type.
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NewsLufthansa Group plans Denver’s first scheduled A380 service
The German airline is planning to fly an Airbus A380 between Munich and Denver on a seasonal route starting in late April and continuing through September.
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NewsLufthansa Group allocates 737 Max jets to replace Eurowings A319 fleet
German leisure operator Eurowings is to modernise its fleet with Boeing 737 Max 8 twinjets from 2027, through an allocation from Lufthansa Group. Eurowings will receive 40 of the type under the renewal plan. They will replace Airbus A319s as well as the airline’s older A320s. The carrier states that ...
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NewsLufthansa shows off re-assembled L-1649A Starliner ahead of centenary display
Lufthansa Group’s specialist vintage aviation division has unveiled the Lockheed L-1649A airliner which has been undergoing assembly in Hamburg over the last 18 months. The aircraft was acquired originally with the intention of restoring it and returning it to flight in 2011, joining the company’s Junkers Ju 52. But the ...
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NewsLufthansa-ITA tie-up finalised with transfer of two-fifths stake in Italian carrier
Germany’s Lufthansa Group has completed its long-sought acquisition of Italian carrier ITA Airways, finalising on 17 January its acquisition of a two-fifths stake in the company.
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NewsITA shareholders formally approve capital increase for Lufthansa investment
Shareholders in Italian carrier ITA Airways have approved a capital increase of €325 million ($338 million) enabling Lufthansa Group to take a shareholding in the operator. ITA Airways says Lufthansa Group will be offered the capital, adding that it needs to subscribe by 15 January. This will enable the German ...
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NewsLufthansa Group agrees to purchase more A350-1000s
Lufthansa Group has disclosed that it is purchasing another five Airbus A350-1000s, taking its overall commitment to 15 of the variant. The aircraft will be delivered over the course of 2028-30. They will bring overall A350 orders for the German group to 75 – including 60 of the smaller A350-900. ...
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NewsEasyJet placing eight aircraft at Italian hubs as part of Lufthansa-ITA remedy
UK budget carrier EasyJet plans to station eight aircraft in Italian hubs as part of the remedy measures for the Lufthansa-ITA Airways tie-up. Lufthansa Group’s plan to take a shareholding in ITA has been cleared by European Commission regulators after remedial proposals were accepted. EasyJet has been confirmed – along ...
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NewsLufthansa-ITA tie-up cleared after three operators approved for competitive remedies
Lufthansa Group’s acquisition of a share in Italian carrier ITA Airways has been cleared by European competition regulators, following acceptance of remedy-taking candidates. ITA states that it “welcomes the final approval” of the transaction which involves transferring a stake held by the Italian ministry of economy and finance to the ...
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NewsItaly files Lufthansa-ITA remedy measures
Italy’s finance ministry has sent details to the European Commission of the remedies package supporting Lufthansa’s planned acquisition of a 41% stake in national carrier ITA Airways.
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NewsLufthansa sticks to full-year outlook after third quarter profit of €1.3bn
Lufthansa Group has confirmed its full-year profits target citing strong demand over the remainder of the year after posting 9% lower operating profit of €1.34 billion ($1.45 billion) in the third quarter.
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NewsUS DOT slaps Lufthansa with $4m fine for discriminating against Jewish travellers
The US Department of Transportation (DOT) has fined Lufthansa $4 million for discriminating against passengers, the largest such penalty ever against an airline for civil rights violations.
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NewsSpohr still optimistic of completing ITA deal in fourth quarter
Lufthansa Group chief executive Carsten Spohr is still targeting completing its deal to acquire a stake in Italian carrier ITA Airways before year-end.
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NewsLufthansa challenges weigh down wider group as profits fall 37% in second quarter
Lufthansa Group adjusted earnings before interest and taxes (EBIT) fell 37% in the second quarter to €686 million ($742 million) despite revenues passing €10 billion for the first time, as challenges at its German operations in particular took a toll.
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NewsGerman struggles prompt Lufthansa to cut full-year profit outlook for second time
Lufthansa Group has cut its full-year profit expectations for a second time after disclosing adjusted EBIT down more than one-third at €686 million ($745 million) for the three months ended June 2024.
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NewsLufthansa faces in-depth re-assessment of €6bn pandemic aid after EU court ruling
German flag-carrier Lufthansa is facing an in-depth investigation by the European Commission over its €6 billion ($6.5 billion) recapitalisation during the Covid-19 pandemic, following court annulment of the original approval. The state aid measure comprised a €5.7 billion silent participation, made up of two financial instruments, plus a €306 million ...
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NewsLufthansa, KLM and SAA pay $900m for ‘extreme delays’ in refunding passengers
The US government has secured more than $900 million in refunds for passengers who faced “extreme delays” in receiving compensation from for Covid-19-related flight changes and cancellations.
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NewsSpohr expects ‘direction’ of Commission decision on ITA deal this week
Lufthansa Group chief executive Carsten Spohr expects to get an indication this week from the European Commission on its decision regarding the group’s planned move to acquire a stake in ITA Airways.
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Airline BusinessLufthansa takes actions as it counts cost of strikes and new pay deals
While Lufthansa Group put much of the focus on strike disruption for the trebling of first quarter losses and a reduced profit outlook for the year, it is almost mindful of the cost implications related to the new pay deals it took to end the disputes.