Lufthansa has reached a temporary deal with the German Vereinigung Cockpit pilots union, which will delay the onset of any…
Tag:
Lufthansa
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Lufthansa shareholders green-light €9bn bailout
by Sandy Milne June 26, 2020The move – which will see Berlin acquire a 20 per cent stake in the airline – received overwhelming support from the meeting, with 98.04% in support.
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Lufthansa’s management board accepted a more favourable set of demands made by the European Commission in exchange for approval of a €9 billion government bailout.
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Ryanair chief executive has slammed the German government’s decision to grant €9 billion ($9.88 billion) of aid to Lufthansa.
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Lufthansa will become a partially state owned airline as it comes to an agreement with the German government over the…
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As the COVID-19 pandemic has spread across the world and shut down international travel, airlines have been looking to cut…
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Germany delivers answer to Air Force One
by Sandy Milne May 8, 2020The first of a series of Airbus A350s to be refurbished on behalf of German Chancellor Angela Merkel was delivered…
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Berlin’s Tegel Airport to close on 1 June
by Sandy Milne May 5, 2020Berlin’s main airport, Tegel International (TXL), will close for at least two months as of 1 June, with reports suggesting it could be haemorrhaging €1 million per day.
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The Lufthansa Group CEO Carsten Spohr says the airline is losing around one million euros per hour, in advance of an AGM next week.
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Monday airline update: Air France-KLM receives €7bn
by Dylan Nicholson April 27, 2020Talks between Air France KLM, banking institutions and the French government have ended with the airline announcing that it is set to receive €7 billion.
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Lufthansa aims to close €10bn rescue package
by Sandy Milne April 24, 2020Lufthansa Group is in talks with four national governments across Europe to negotiate state-funded rescue packages to the tune of some €10bn (total).
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Lufthansa to convert Boeing 777-9 orders to 777F cargo
by WOFA April 20, 2020Lufthansa is preparing to adjust its fleet to meet the high demand for air cargo amidst the global pandemic crisis.
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Lufthansa will decommission 32 aircraft in its fleet immediately, including six A380s, seven A340-600s, three A340-300s, five 747-400s, and 11 A320s.
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Lufthansa turns passenger planes into freighters
by Adam Thorn March 27, 2020Airlines around the world use their passenger planes as freighters since the air travel was severely hit by the COVID pandemic.
Lufthansa still wary of bailout conditions
by Dylan Nicholson
May 28, 2020
Lufthansa’s supervisory board has met to discuss the European Commission’s conditions placed on a potential government bailout loan. Lufthansa’s board…
Feature: Will Lufthansa survive the crisis?
by WOFA
May 22, 2020
Lufthansa is one of the biggest brands created by Germany, and one of the biggest and most successful airlines in the world. Like all other airlines in the industry, it’s struggling to survive amidst the global health crisis that caused the demand for air travel to plunge drastically.
Lufthansa CEO Carsten Spohr has become the first industry figure to give the phenomenon of passenger-to-cargo transformations a name.
Lufthansa eyes bankruptcy proceedings if bailout talks fail
by Dylan Nicholson
April 29, 2020
Lufthansa is reportedly on the brink of bankruptcy as negotiations continue with the German government for a €9bn bailout.
Lufthansa refits A350s to ferry PPE from China
by Sandy Milne
April 22, 2020
German national carrier Lufthansa has turned to its A350 fleet to ferry PPE and other medical cargo from Chinese airports to the central European country.
How airlines are implementing ‘social distancing’ rules
by Sandy Milne
March 27, 2020
As the WHO and many state governments have issued “social distancing” guidelines, different airlines have taken different tacks to implement the concept.
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