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...
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...
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...
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 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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