All Lufthansa articles – Page 3
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NewsLufthansa sees revised capacity outlook in line with risk of delivery delays
Lufthansa Group believes it has already factored in the impact of aircraft delivery delays this year after scaling back its capacity growth aspirations.
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NewsSpohr hopeful of ITA acquisition approval this summer
Lufthansa Group chief executive Carsten Spohr is optimistic it can secure approval for its planned acquisition of Italian carrier ITA Airways this summer amid what he describes as “constructive” talks with European competition regulators.
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NewsLufthansa cuts full-year guidance as strikes prompt first quarter losses to deepen
Lufthansa Group has lowered its profits outlook for the full-year after disclosing a deeper than expected adjusted EBIT loss of €849 million ($903 million) for the first quarter amid strike disruption.
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NewsLufthansa seals labour deal with ground staff
Lufthansa has struck a new labour deal covering ground staff represented by German trade union Verdi, ending a deadlock which had resulted in disuption to the carrier’s services earlier this yer.
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NewsEuropean regulator flags competition concerns over Lufthansa-ITA deal
European regulators cite some short-haul routes to central Europe, long-haul routes to North America and Japan and ITA Airways’ strong position at Milan Linate airport as key areas that could restrict competition if Lufthansa completes a deal to acquire a stake in the Italian carrier.
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NewsIAG chief warns blocking consolidation could ‘destroy’ airlines
The chief executive of IAG has implored regualtors to allow consolidation to happen in Europe, arguing that the futures of some carriers are at risk if deals are blocked
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News’Like lipstick on a pig’: Ryanair chief slams Single European Sky reforms
Ryanair group chief executive Michael O’Leary has hit out at the European Union’s reforms of its Single European Sky initiative, branding them as “useless”.
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News’ITA deserves a future’: Lufthansa chief
Lufthansa Group chief executive Carsten Spohr is “optimistic” about the business securing a stake in Italian carrier ITA Airways as the European Commissions nears a crucial stage of its investigation into the deal.
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NewsLufthansa Technik plans investments of €1.2bn in the next four years
Lufthansa Group’s engineering unit Lufthansa Technik plans to invest €1.2 billion ($1.31 billion) in the next four years to support its “Ambition 2030” strategic growth plan.
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NewsLufthansa braced for fresh strike disruption
German carrier Lufthansa and regional unit CityLine are braced for fresh strike disruption on 12 and 13 March, this time as cabin crew represented by the UFO union have called a stoppage.
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Airline BusinessAsia key opportunity as Lufthansa aims to catch-up on capacity
Recovering Asia-Pacific markets will be a key part of Lufthansa Group plans for a 12% in capacity in 2024, even if ongoing supply chain challenges have prompted it to tone down its growth plans for the year.
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NewsSpohr still optimistic on ITA, but will look ‘rationally’ at cost of deal concessions
Lufthansa Group chief executive Carsten Spohr insists the carrier will make a rational decision over the cost of any concessions attached to approval for its planned acquisition ITA Airways, but is encouraged by the approach to global competition of the incoming European Commission.
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NewsLufthansa posts €2.7bn full-year operating profit and expects similar in 2024
Lufthansa Group expects continued strong demand and double-digit capacity growth this year to help it match the €2.7 billion ($2.9 billion) operating profit it posted for 2023.
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NewsNew operator Lufthansa City unveils initial destinations from Munich
Lufthansa Group’s newly-established operator, Lufthansa City Airlines, has identified initial destinations which will feature on the carrier’s network.
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NewsCityJet to wet-lease batch of CRJ1000s to Lufthansa Group
Irish-based regional carrier CityJet is to supply five Bombardier CRJ1000s to Lufthansa under a wet-lease agreement.
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NewsFinance chief Steenbergen to leave as Lufthansa Group restructures management
Lufthansa Group chief financial officer Remco Steenbergen is to leave the European airline group as part of series of executive changes which also include the appointment for former Airbus and Rolls-Royce executive Grazia Vittadini as its new technology chief.
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NewsSwiss CEO Vranckx to depart for Lufthansa Group executive board role
Swiss International Air Lines chief executive Dieter Vranckx will leave his post to join Lufthansa Group’s executive board, responsible for global markets and commercial steering hubs, in July.
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Airline BusinessRegulators in no mood to wave through airline M&A activity
While it quickly became apparent that January 2024 would be remembered as an inauspicious start to the year for airline safety, from the mid-point of the month onwards it was clear that the same would be said regarding consolidation.
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NewsAir Malta successor carrier to codeshare with Lufthansa Group
Newly-established Maltese operator KM Malta Airlines is entering a codeshare agreement with Lufthansa Group. KM Malta Airlines has been set up as a successor to Air Malta. It has secured an air operator’s certificate and aims to commence services from the end of March, using Airbus A320neos. The new carrier ...
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NewsLufthansa remedies to secure ITA deal fail to convince competition regulator
Lufthansa’s proposed acquisition of a shareholding in Italian operator ITA Airways is to undergo in-depth scrutiny by the European Commission, over concerns that it will affect both the short- and long-haul market out of Italy.