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…
In over a month’s time, on July 24, a new airline within Lufthansa Group will commence operations: Eurowings Discover. While using the same and familiar Eurowings-name, Discover will offer a totally different concept and targets a different market. Eurowings Discover…
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…
While some European airlines have released results for their staggered financial years, it was actually Icelandair to be the first one to report on its full-year 2020 results on February 9. Like we have done with US airlines, here is…