Lufthansa enters into cost-saving agreement
Lufthansa has signed a short-term agreement with the pilots' union Vereinigung Cockpit (VC) for initial measures to manage the coronavirus crisis. The measures apply to the pilots of…
Lufthansa Group in the red due to corona crisis
The collapse in demand for air travel due to the Corona pandemic led to an 80 percent drop in revenue for the Lufthansa Group in the second quarter to 1,9 billion…
Lufthansa receives state aid, German government agrees
[responsivevoice_button voice=”Dutch Female” buttontext=”read out”] Press agency DPA has announced to various media that the airline Lufthansa is receiving state aid from the German government. The European Commission and various other parties are…
Rescue plan for Lufthansa airline
[responsivevoice_button voice=”Dutch Female” buttontext=”read out”] The largest German airline Lufthansa, like many other airlines, has run into problems due to the corona crisis. Lufthansa is a size bigger than KLM.…
Due to the corona crisis, Lufthansa leaves daughter Germanwings
The corona crisis has major consequences for aviation and the parent company of Brussels Airlines. Lufthansa is intensifying the restructuring of Brussels Airlines and is closing down its subsidiary Germanwings. The board of directors of…
British Airways temporarily sends 36.000 employees home
As Trump considers combating the spread of the coronavirus by banning flights to several US cities, British Airways has announced a plan to temporarily furlough 36.000 employees...
Lufthansa price battle hits Ryanair profits due to lower ticket prices and…
Ryanair saw its profit fall by 21% in the second quarter due to significant price pressure. The company attributes this to lower ticket prices and higher fuel and personnel costs. According to CEO Michael…