UPDATE – Lufthansa Group has produced a very strong second quarter, with its subsidiaries SWISS, Austrian Airlines, Brussels Airlines, and Lufthansa Technik turning in record-high operating profits. While the parent airline is lagging behind, Lufthansa has raised its guidance for…
On the first day of the European Business Aviation Convention and Exhibition (EBACE) in Switzerland, Boeing Business Jets announced three firm orders and an option for four BBJ aircraft. The option is for BBJ 777X, which is believed to be…
Lufthansa’s MRO business unit Lufthansa Technik is benefitting from the strong upward trend in air travel. After a record Adjusted EBIT of €511 million last year, this year promises to become even better. LH Technik expects the MRO industry to surpass…
Remember the pictures of the first computer the size of a big room? It’s the same for Airbus’ latest ZEROe hydrogen fuel-cell demonstrator engine. The countless components, plumbing, stacks, and electronics take up a significant part of the E-Aircraft System House…
It’s not completely there yet, but Lufthansa Group is getting pretty close already to 2019 operating and profit levels. The airline group reported Q3 revenues and an operating result today that was almost identical to Q3 2019, confirming the recovery trend…
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…