Lufthansa plans to launch a new regional and domestic airline in Germany that should operate alongside its regional subsidiary CityLine. The airline will most likely get a dedicated Airline Operator Certificate (AOC) and should begin services in early 2023. Lufthansa...
Lufthansa Group will significantly reduce its fleet as it prepares for the post-Covid 19 return to service, the airline said on April 7. The reduction and reorganization will include all airlines and result in a yet to be confirmed number of job losses. CEO Carsten...
Lufthansa’s low-cost airline Eurowings before the end of next year will re-focus on short-haul, point-to-point operations, slash costs by 15 percent and later on modernize its fleet. This is the most significant announcement at Lufthansa’s Capital Markets Day for...
Lufthansa Group saw its net profit in 2018 reduced to €2.161bln, down 8 percent from €2.340bln the previous year. Adjusted EBIT was 4 percent lower at €2.836bln. This means that the German/Austrian/Swiss airlines group lost its top ranking as the most profitable...
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