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Profitable Lufthansa has some labor issues to solve

Profitable Lufthansa has some labor issues to solve

by Richard Schuurman | Aug 4, 2022 | Airlines | 0 comments

UPDATE –  Lufthansa Group happily reported a return to profitability in the second quarter with a €259 million net profit. The first six months were still loss-making, in line with results at other carriers. But whereas the recovery is continuing, Lufthansa has...
Lufthansa worried about ‘jet crack’-effect on fuel prices

Lufthansa worried about ‘jet crack’-effect on fuel prices

by Richard Schuurman | May 5, 2022 | Airlines | 0 comments

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...
Wet leasing helps Eurowings Discover get through the busy summer

Wet leasing helps Eurowings Discover get through the busy summer

by Richard Schuurman | May 3, 2022 | Airlines | 0 comments

A shortage of staff, a shortage of planes, and all this in a period when demand is ramping up. It’s nothing unusual in the airline business these days. One airline feeling the shortages is Lufthansa subsidiary Eurowings Discover. It is wet-leasing five aircraft from...
airBaltic wet-leases out more and more Airbus A220s

airBaltic wet-leases out more and more Airbus A220s

by Richard Schuurman | Apr 1, 2022 | Airlines | 0 comments

Passengers booking a flight on Lufthansa subsidiary Eurowings and Eurowings Discover or those selecting SAS will have a fair chance of boarding an airBaltic Airbus A220-300 instead of the usual metal of these airlines. airBaltic has wet-leased eleven A220s out to...
Lufthansa Group sees slight improvement

Lufthansa Group sees slight improvement

by Richard Schuurman | Aug 5, 2021 | Airlines | 0 comments

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 the pandemic, but all...
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