The unpredictability of crude oil prices and their effect on jet fuel prices makes Lufthansa Group very cautious about the financial results for the full-year 2022. Although the airline is seeing strong bookings, fuel costs are a negative factor. Lufthansa will…
The war in Ukraine is the new uncertainty, but if the effects on the industry remain limited, Lufthansa Group is expecting a strong 2022. The airline group sees very strong bookings for the second quarter and summer. By hedging a large…
Lufthansa has turned the corner on losses and produced its first operating profit since the start of the pandemic in Q3. The airline group reported a €272 million Adjusted EBIT excluding restructuring costs, a huge improvement over the €1.204 billion…
Lufthansa reports a slight improvement in its financial and operational results in the second quarter of this year. Thanks to strong forward bookings, it produced a positive free cash flow of €340 million, the first time since the start of…
Seven years after parent airline Lufthansa, SWISS is set to introduce Premium Economy seats on its fleet from the final quarter of this year. The new class was unveiled on June 28 and puts SWISS among the airlines that want…
Europe has been one of the continents where the pandemic has a prolonged effect on air travel. Whereas there has been a rebound in domestic travel in the US, Europe is dominated by continued restrictions as various countries suffer from…