ARCHIVES

Lufthansa gets green light for state aid deal

After a tense week full of uncertainties, Lufthansa Group finally concluded the EUR 9 billion stabilization package at the June 25 shareholder meeting. The airline gained the support of critical major shareholder Heinz Hermann Thiele on the night before the digital...

Lufthansa targets swift return to pre-Covid cost levels

Lufthansa Group recorded a EUR -2,1 billion net loss for the first quarter, it announced on June 3 during a delayed Q1-results presentation. Remember this period includes only the start of the Covid-19 crisis, so there is worse to come during Q2. The net loss compares...

Lufthansa Group prepares for drastic post-Covid shrink

Lufthansa Group will significantly reduce its fleet as it prepares for the post-Covid 19 return to service, the airline said on April 7. The reduction and reorganization will include all airlines and result in a yet to be confirmed number of job losses. CEO Carsten...

Lufthansa: Covid will lead to smaller airline sector

The worldwide Covid-19 crisis will have a profound and lasting effect on the future of the airline industry. Most likely  the sector will shrink and leave space for only much smaller airline groups, Lufthansa CEO Carsten Spohr has warned on March 19 during the FY19...

Are aging fleets a problem?

With another two stories today about in-flight component failures (Southwest, Sichuan), we are being reminded that...

read more