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.
As the COVID-19 pandemic has spread across the world and shut down international travel, airlines have been looking to cut costs. One of the best ways to cut costs is to ground expensive or inefficient aircraft or to retire them completely, because of this for many airlines the first on the chopping block is the
The first of a series of Airbus A350s to be refurbished on behalf of German Chancellor Angela Merkel was delivered in Hamburg yesterday. The government plans to refit three Airbus A350s to replace the ageing fleet of A340s currently used for executive transport. The first of these, given the civilian registration D-AGAF, arrived at Lufthansa
Lufthansa CEO Carsten Spohr has become the first industry figure to give the phenomenon of passenger-to-cargo transformations a name.
Berlin'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.
The Lufthansa Group CEO Carsten Spohr says the airline is losing around one million euros per hour, in advance of an AGM next week.