lufthansa Archives

Airlines

Lufthansa’s Earnings Position has ‘Deteriorated Significantly’ — Here’s Why

Despite a shaky set of quarterly figures, the Lufthansa Group is sticking to its full-year outlook and says demand remains strong, particularly for its premium products.

Gordon Smith | 2 weeks ago

Airlines

Boeing Delays 777X Rollout, Lays Off 10% of Staff as Carriers Wait for Planes

Boeing CEO Kelly Ortberg told employees that the company has to make “tough decisions” during the machinist strike.

Meghna Maharishi | 1 month ago

Airlines

Lufthansa Seeks 19.9% Stake in TAP Air Portugal, Report Says

The German airline group wants to avoid purchasing a controlling stake in TAP because it doesn't require approval from European Union antitrust authorities.

Meghna Maharishi | 2 months ago

Airlines

Germany’s Shrinking Airline Market

Due to increased airport costs and decreased corporate travel, both Low-Cost Carriers and Full-Service Carriers have scaled back operations in Germany, leading to a 10-year low in capacity levels in 2023.

Ashab Rizvi, Skift Research | 3 months ago

Airlines

IAG Drops Plans to Acquire Air Europa

IAG is once again scrapping its plans to acquire Air Europa after it seemed likely that regulators would reject the deal.

Meghna Maharishi | 4 months ago

Airlines

Western Airlines Are Pulling Out of China – Virgin Atlantic Is the Latest

After leaving Hong Kong in 2022, Shanghai was Virgin Atlantic's final Chinese destination. The development comes amid a broader retreat among some Western carriers.

Gordon Smith | 4 months ago

Airlines

Lufthansa Group Cuts Outlook as Flagship Carrier Struggles to Break Even

The Lufthansa Group lowered its outlook for 2024 due to negative market trends — particularly in Asia — and aircraft delivery delays that have afflicted most of the industry.

Meghna Maharishi | 4 months ago