Page 2 - Lufthansa

German carrier Lufthansa looks to strong summer to shake off strike costs

The airline confirmed its forecast of full-year adjusted earnings before interest and taxes (EBIT) of 2.2 billion euros ($2.3 billion)

Lufthansa executives seek to persuade EU regulators over ITA stake buy

Guillaume Loriot, the European Commission's deputy director general for mergers, and lawyers as well as officials from national competition agencies will also be there

Lufthansa, ITA Airways deal may lead to higher prices: EU watchdog

"The removal of ITA as an independent airline may have negative effects on competition in these already concentrated markets," the Commission said in a statement

As costs rise, Lufthansa drops 2024 operating margin target to 7.6%

Europe's airlines have benefited from unprecedented demand following the pandemic, allowing them to hike prices, but higher labour and maintenance costs have limited earnings growth

German labour union calls on Lufthansa ground staff to strike on Feb 20

A labour union in Germany has called on ground staff for Lufthansa to walk off the job at seven airports on Tuesday following a similar strike earlier this month. The Ver.di union said Sunday that the one-day strike will affect the airports in Frankfurt and Munich, Lufthansa's two main hubs, as well as Berlin, Duesseldorf, Hamburg, Cologne-Bonn and Stuttgart. It will run from 4 am Tuesday to 7:10 am Wednesday. A 27-hour strike at five of the same airports that started February 7 prompted the airline to cancel hundreds of flights. The union is seeking pay raises of 12.5 per cent, or at least 500 euros (USD 539) more per month, in negotiations for about 25,000 employees, including check-in, aircraft handling, maintenance and freight staff. Several-hour or one-day warning strikes are a common tactic in German contract negotiations. A round of talks on February 12 produced no agreement. More negotiations are scheduled for Wednesday.

Lufthansa cancels hundreds of flights as ground staff strike for a day

Ground staff for Lufthansa walked off the job at five major German airports on Wednesday, causing the airline to cancel hundreds of flights. The Ver.di union called on ground staff at Frankfurt and Munich, Lufthansa's two main hubs, as well as Berlin, Duesseldorf and Hamburg, to strike for 27 hours starting at 4 am Wednesday. Lufthansa said ahead of the strike that it expected to be able to operate around 10-20 per cent of all planned flights. It said tickets could be re-booked free of charge, and tickets for German domestic flights could be converted to rail vouchers. In Frankfurt, the company canceled 80-90 per cent of the planned 600 departures and arrivals by Lufthansa itself and subsidiary Air Dolomiti ahead of the strike, German news agency dpa reported. More than 400 departures and arrivals at Munich Airport also were canceled. All Lufthansa departures from Berlin and Hamburg were canceled, as were most domestic flights from Duesseldorf. Lufthansa anticipated that, in all, m

Lufthansa's ITA Airways deal may reduce competition, EU regulators warn

Lufthansa wants to acquire a 41% stake in ITA for 325 million euros ($353.2 million) as part of a capital increase

Lufthansa launches Hyderabad-Frankfurt direct flights five days a week

GMR Hyderabad International Airport Ltd (GHIAL) on Wednesday announced the launch of direct flights to Frankfurt, Germany in partnership with Lufthansa Airlines. With five weekly departures (Monday, Tuesday, Wednesday, Thursday, and Saturday), flight LH753 will depart from Hyderabad at 01:55 hours and arrive in Frankfurt at 07:05 hours. The return flight LH752 will depart from Frankfurt at 10:55 hours and arrive in Hyderabad at 23:55 hours, a release from GHIAL said. GMR Hyderabad International Airport Ltd CEO Pradeep Panicker said, "This connectivity will benefit travellers visiting Frankfurt as a transit point or for leisure trips and would open up multiple destinations in Europe, USA, Canada, and South America via Frankfurt." Lufthansa Group (South Asia) Senior Director George Ettiyil said, As we launch Hyderabad-Frankfurt service, our capacity to India has increased by 14 per cent (relative to 2019), making this country the fastest growing major market for Lufthansa.

German airline Lufthansa orders 80 planes from Boeing, Airbus for $9 bn

The order is Lufthansa's first buy of Boeing narrow body planes in about 30 years, as well as its first purchase of the 737 MAX model

Lufthansa upbeat on travel demand, posts adjusted EBIT at $1.56 bn in Q3

Lufthansa shares were set for their biggest daily gain since June 2022, according to Eikon data, in the wake of the earnings announcement

Labour court asks Lufthansa to reinstate 17 terminated during pandemic

A labour court has directed Deutsche Lufthansa AG to reinstate 17 cabin crew members whose services were terminated during the coronavirus pandemic. The services of these people were terminated in February 2021 and they were members of the Lufthansa Cabin Crew Association. In an order passed on July 3, the Central Government Industrial Tribunal-Cum-Labour Court in the national capital said that 17 cabin crew members should be reinstated with "full back wages and continuity of service from the date of termination of service". Further, the tribunal has directed the airline group to pay them their last drawn salary and the arrears within two months from the date of publication of the award without interest. In case of failure to do so, the amount accrued would carry an annual interest of six per cent from the date of the challenged dismissal and till the amount is finally paid, it added. When contacted, a Lufthansa spokesperson late on Wednesday said, "we have taken note of the court

Vistara expands codeshare partnership with European airline Lufthansa

Tata Group and Singapore Airlines-operated full-service carrier Vistara on Thursday said it has expanded its codeshare partnership with European airline Lufthansa. The pact will allow enhanced connectivity to Vistara customers while travelling across Europe, the airline said in a statement. Vistara and Lufthansa entered into a unilateral codeshare agreement in 2019, enabling Lufthansa to add its designator code (LH) to Vistara flights to 18 destinations in India. Codesharing allows an airline to book its passengers on its partner carriers and provides seamless travel to destinations where it has no presence. With this expanded codeshare pact, 12 key European destinations -- Amsterdam, Stockholm, Berlin, Budapest, Copenhagen, Rome, Hamburg, Helsinki, Lisbon, Munich, Oslo, and Prague -- will get included in Vistara's network, the statement said. "This enables our customers to conveniently book their itineraries and seamlessly travel across various parts of Europe on the joint networ

Lufthansa seeks deeper partnership with Air India, plans to expand flights

Lufthansa's CEO, Carsten Spohr speaks about the expansion plans of the airline and partnership with Air India that could make it the largest airline group connecting India and Europe

India is an opportunity, looking to expand operations: Lufthansa CEO

Bullish on the Indian market, Lufthansa Group CEO Carsten Spohr on Sunday said the airline group is working closer with Air India as well as expanding its own operations into the country. "We have strengthened our position in the Indian market. We think we can do more... flying more, new partnership with Air India which is a different company than it was before to grow our market share," he said. The group has a two-fold strategy for India and one pillar is to expand the operations to the country, he said during a media briefing on the sidelines of the International Air Transport Association (IATA) Annual General Meeting (AGM) and World Air Transport Summit here. "We have just announced reopening Frankfurt-Hyderabad (service) which we had to close a few years ago. We will also be for the first time serving Bangalore from Munich... "We are using our own aeroplanes, operations to expand into India," he said. The second pillar is working closer with Air India, he said, adding that no

Lufthansa grounds subsidiary's Airbus fleet due to supply challenges

A220s have proven particularly vulnerable to a lack of spare engines during MRO process, as per various airlines chiefs

Engine trouble grounds third of Airbus A220 fleet in Zurich, says Lufthansa

The idling of the narrow-body aircraft is on top of three other "brand new" aircraft with Pratt engines that are also down

Lufthansa to start flights on Munich-Bangalore, Frankfurt-Hyderabad routes

To tap the post-Covid growth opportunities in the Indian aviation market, European airline major Lufthansa on Thursday said it will start flights on Munich-Bangalore and Frankfurt-Hyderabad routes this year. Lufthansa Group, which has been present in the Indian market for more than 90 years, currently has more than 50 weekly services to India, connecting Frankfurt, Zurich and Munich with various Indian cities, including Delhi and Mumbai. The Indian market is "very very important" for the Lufthansa Group, Harry Hohmeister, Member of the Executive Board Global Markets & Network, said here on Thursday. The flights on the Munich-Bangalore route will be operational three times a week and the first flight will be on November 3. On the Frankfurt-Hyderabad route, the flights will commence in the coming winter. "The expansion underlines Lufthansa's long-term vision to strengthen its footprint in the Indian market by catering to the growing population of young working professionals," it ...

Air India may bid for AIESL with Lufthansa Technik, Air France-KLM

AIESL is the maintenance repair and operations company, owned by Centre, which caters largely to Air India's fleet

Technical issues at Lufthansa delay operations at Frankfurt airport

Lufthansa's operations were disrupted on Sunday at Frankfurt airport because of technical problems, German news agency dpa reported. Check-in systems on the airline's website and at the counter, as well as boarding, were affected at Germany's biggest airport, a Lufthansa spokeswoman told dpa. Some flights were delayed or would have to be cancelled because of the problems. Check-in was still possible using cellphone browsers on smartphones or tablets, and the Lufthansa app. The technical problems were caused by external IT service providers, dpa reported. Lufthansa asked travellers to check the status of their flights and said it was working with high-pressure" to resolve the issues. Last month, cable damage during construction work in Frankfurt caused Lufthansa computer systems to fail, resulting in flight cancellations and delays worldwide. Sunday's problems came a day before a national strike in Germany is set to bring the country's traffic to a standstill with airport, train an

Germany's flag carrier Lufthansa registers profits after Covid slump

After two consecutive years of losses, Germany's flag carrier Lufthansa said that it had once again made a profit in 2022, as international air traffic recovered from the Covid-19 pandemic.