Clear skies ahead for Lufthansa, as carrier expects strong demand to stay CLEAR SKIES AHEAD Lufthansa anticipates demand to remain strong in the months ahead, with capacity expected at 80 per cent of pre-Covid levels in the fourth quarter despite inflationary pressures. According to chief executive Carsten Spohr, people will continue to splash cash on tickets after two years of not being allowed to travel due to the Covid pandemic. [...]
Lufthansa averts two more days of strikes following deal with pilots STRIKE AVERTED Lufthansa has averted an additional two-day strike after it reached a deal with the pilots’ union. The VC union called off the walkout which was scheduled for tomorrow and Thursday, saying the two parties had set the basis of a comprehensive package of measures – both monetary and structural – which will be laid out [...]
Lufthansa axes 800 flights tomorrow amid German pilots’ strike 130,000 stranded Lufthansa will axe 800 flights on Friday after German pilots announced a 24-hour walkout. The measure is likely to leave 130,000 passengers stranded, impacting Lufthansa’s services from Frankfurt and Munich on Thursday too. The airline said it was doing everything it could to minimise the strike’s impact. The German pilots’ union, the Vereinigung Cockpit (VC), [...]
Back to black: Lufthansa returns to profit but shaves flight offerings amid travel chaos August 4, 2022 Lufthansa has returned to black, posting an operating profit of €393m (£331m) in the three months to June following a boom in demand for cargo flights. Up from last year’s loss of €827m, the carrier’s adjusted EBIT margin rose to 4.6 per cent while net income went up from a loss of €756m to a [...]
Lufthansa’s shares go down as airline says it has no plans for majority stake in ITA March 3, 2022 Lufthansa’s shares have gone down 8.09 per cent today as the German carrier announced it has no plans to gain a majority stake in Alitalia’s successor ITA. Chief executive Carsten Spohr told investors today not to worry about the takeover, as owning a majority stake in ITA is “far away” from his intentions. “We know [...]
Lufthansa suspends all fights to Ukraine amid invasion fears February 20, 2022 Lufthansa has announced it will be suspending all flights to the Ukraine capital Kyiv from tomorrow as fears of a Russian invasion grow. The German airline said it will also stop flights to Odessa, a key port city on the Black Sea. The response contrasts to the Irish budget airline Ryanair and the Hungarian Wizz [...]
What are ghost flights and what is the debacle around them? January 27, 2022 EasyJet’s chief executive Johan Lundgren this morning told investors the airline was in favour of airport slot rules going back to “a normalised delineation,” saying the carrier will not be forced to operate ghost flights to retain its slots. “We should remember that the reason why [governments] made these exceptions was because restrictions were in [...]
Growing 5G panic prompts more airlines to cancel flights to US January 19, 2022 Several airlines including Lufthansa and British Airways (BA) have either cancelled or rescheduled their flights to the US as a result of concerns over today’s roll out of 5G services across the country. In addition to cancelling a flight from Frankfurt to New York, the German carrier and its subsidiary Austrian Airlines swapped aircraft, with [...]
Lufthansa cancels record 33,000 flights after dramatic crash in demand December 24, 2021 German carrier is reportedly planning to slash around 33,000 flights as a result of the Covid-induced reduction in passenger demand this winter. According to the airline’s boss Carsten Spohr, Lufthansa was currently operating 60 per cent of its flights, as bookings for the mid-January to February period were hit the hardest, especially in the group’s [...]
Lufthansa chief executive: After Covid-19 airfares will surge October 4, 2021 Lufthansa’s chief executive has said ticket prices will soar as a result of air travel recovering from the pandemic. Lufthansa chief executive Carsten Spohr has warned that airfares will surge, with passengers paying the pandemic’s economic price. As reported by the Daily Telegraph, Spohr believes that before the pandemic plane tickets were too cheap and, [...]