Significantly higher fuel costs, strikes, and lower capacity: these are the ingredients for Lufthansa Group’s lower Q2 profit and HY1 loss. Despite strong demand and higher yields from premium products, only SWISS produced solid results. The airline group is positive…
Austrian Airlines’ chief executive has come out in support of the decision of Vienna Airport (VIE) not to build a third runway at the airport, a decision that was announced a few days ago. In a post on LinkedIn, Annette…
Lufthansa is one of aviation’s most storied brands. Founded in 1926 in Berlin as Deutsche Luft Hansa A.G., it quickly became a European leader in the 1930s, operating across Europe, Africa, and even transatlantic routes. The modern Lufthansa Group has…
Airlines gnash their teeth over delayed deliveries. These delays mean unplanned MRO costs and higher fuel burn, which are significant cost issues. As the saying goes, one door closes, and another opens. This frustrating delivery delay situation is an opportunity…
UPDATE – Lufthansa Group produced a strong summer quarter, posting an Adjusted operating profit in Q3 of €1.468 billion that sits right in between that of its main competitors IAG and Air France-KLM. The airline confirms its full-year guidance op producing…
UPDATE – Lufthansa Group has produced a very strong second quarter, with its subsidiaries SWISS, Austrian Airlines, Brussels Airlines, and Lufthansa Technik turning in record-high operating profits. While the parent airline is lagging behind, Lufthansa has raised its guidance for…