Global  

Lufthansa

Flag-carrier airline of Germany

Lufthansa    ▸ Facts   ▸ Comments   ▸ News   ▸ Videos   

Deutsche Lufthansa AG, commonly known as Lufthansa, is the largest German airline which, when combined with its subsidiaries, is the second largest airline in Europe in terms of passengers carried. The name of the former flag carrier is derived from the German word Luft meaning "air" and Hansa for the Hanseatic League. Lufthansa is one of the five founding members of Star Alliance, the world's largest airline alliance, formed in 1997. The company slogan is 'Say yes to the world.'

0
shares
ShareTweetSavePostSend
 

Lufthansa to cut a fifth of leadership jobs [Video]

Lufthansa to cut a fifth of leadership jobs

Germany's Lufthansa will cut 20% of its leadership positions and 1,000 administrative jobs in a restructuring plan that it announced on Tuesday. Ciara Lee reports

Credit: Reuters Studio     Duration: 01:10Published
Stimulus splurge restarts stocks rally [Video]

Stimulus splurge restarts stocks rally

Shares jumped on Tuesday as sentiment was lifted by the launch of the U.S. Federal Reserve's corporate bond buying program and concerns about a second wave of global coronavirus infections eased. Ciara..

Credit: Reuters Studio     Duration: 01:48Published

You Might Like


Indians can now take Lufthansa from North America & other places globally to India


IndiaTimes - Published

Brussels Airlines lost 182 mn euros in six months

brussels airlines lost 182 mn euros in six months
Belgium's biggest airline, Lufthansa subsidiary Brussels Airlines, said Thursday it had lost 182 million euros in the first six months of 2020 because of the coronavirus crisis. (FILES) In this file..
WorldNews - Published

Lufthansa see revenues drop 80%, no full recovery until 2024

lufthansa see revenues drop 80%, no full recovery until 2024
FRANKFURT, Germany -- German airline group Lufthansa on Thursday reported a net loss of 1.49 billion euros ($1.77 billion) for the second quarter, when the pandemic essentially shut down passenger..
WorldNews - Published

Ryanair accuses Lufthansa of 'hoovering up state aid like the drunken uncle at a wedding'

ryanair accuses lufthansa of 'hoovering up state aid like the drunken uncle at a wedding'
Ryanair has accused rival German airline Lufthansa of a price-fixing cartel and has vowed to challenge its €6 billion bailout in the European Court of Justice. Airline chief Michael O’Leary accused..
WorldNews - Published

Lufthansa Shareholders to Vote on German Rescue Package

lufthansa shareholders to vote on german rescue package
Germany’s Lufthansa is seeking shareholders’ support at an extraordinary general meeting for a 9 billion-euro ($10.2 billion) rescue package that would see a government stabilization fund take a..
WorldNews - Published

EU approves huge bailout of German airline Lufthansa

eu approves huge bailout of german airline lufthansa
The EU's top competition authority approved the massive bailout of Lufthansa by the German government on Thursday, saving one of the world's biggest airlines from bankruptcy, but under conditions....
WorldNews - Published

German airline Lufthansa plans to cut 22,000 jobs

The German airline is struggling to deal with the fall in demand for air travel caused by the pandemic.
BBC News - Published

Lufthansa CEO promises Germans a 'homecoming guarantee'

Lufthansa will bring home any Germans it flies abroad on vacation, Chief Executive Carsten Spohr said in a newspaper interview, seeking to assuage holidaymakers' concerns that new coronavirus outbreaks..
Reuters - Published

German airline Lufthansa reports 2.1-bln-euro net loss in Q1

german airline lufthansa reports 2.1-bln-euro net loss in q1
BERLIN, June 3 (Xinhua) -- Revenues of Lufthansa fell by 18 percent year-on-year to 6.4 billion euros in the first quarter (Q1) of 2020, resulting in a net profit loss of 2.1 billion euros (2.35..
WorldNews - Published

Lufthansa expects significantly larger loss in second quarter

Lufthansa expects a significantly larger loss in the second quarter of this year, the airline group's finance chief said on Wednesday.
Reuters - Published

Lufthansa vows extensive revamp as losses balloon

Lufthansa has pledged a wide-ranging restructuring, from job cuts to sales of non-core assets, as it seeks to repay a 9 billion euro ($10.1 billion) state bailout and navigate deepening losses in the..
Reuters - Published

Lufthansa accepts terms of EU-Germany rescue deal

lufthansa accepts terms of eu-germany rescue deal
German airline Lufthansa has accepted the conditions of a bail-out deal agreed by the EU and Germany last week. The deal will see Lufthansa give up take-off and landing slots and aircraft to other..
WorldNews - Published

Lufthansa accepts tweaked demands by Brussels over state bailout

Lufthansa's management board has accepted a more favourable set of demands from the European Commission in exchange for approval of a 9 billion euro ($10 billion) government bailout, the carrier said..
Reuters - Published

Germany, Brussels seal pact on Lufthansa rescue plan: sources

germany, brussels seal pact on lufthansa rescue plan: sources
By Agence France-Presse Germany and the European Commission have reached agreement on a giant Berlin-funded rescue plan for coronavirus-hit Lufthansa, a Commission spokeswoman and a source close to the..
WorldNews - Published

EU's Vestager denies making Lufthansa bailout more difficult

eu's vestager denies making lufthansa bailout more difficult
EU competition chief Margrethe Vestager denied today that she was putting hurdles in the way of Lufthansa's €9 billion government rescue. She said that companies getting big capital injections from..
WorldNews - Published

Lufthansa board rejects EU conditions on $10 billion bailout

lufthansa board rejects eu conditions on $10 billion bailout
German airline Lufthansa's supervisory board on Wednesday rejected conditions imposed by Brussels on a proposed government bailout, casting fresh doubt on the 9 billion euro ($9.9 billion) rescue...
WorldNews - Published

Lufthansa agrees €9bn bailout with German government

lufthansa agrees €9bn bailout with german government
State to take 20% stake in airline, which has been struggling after coronavirus reduced flights Germany has thrown Lufthansa a €9bn (£8bn) lifeline, agreeing a bailout which gives Berlin a veto in..
WorldNews - Published

Germany still in talks with EU over Lufthansa bailout, expects green light: Altmaier

Germany is still in talks with the European Commission over its rescue package for flagship carrier Lufthansa , Economy Minister Peter Altmaier said on Monday, adding that Berlin expected Brussels to..
Reuters - Published

Coronavirus: Lufthansa agrees €9bn rescue deal with Germany

European markets rose on the bailout deal news, which sees Germany take a 20% stake in the firm.
BBC News - Published

Germany stamps authority on Lufthansa with $9.8 billion lifeline

Germany threw Lufthansa a 9 billion euro ($9.8 billion) lifeline on Monday, agreeing a bailout which gives Berlin a veto in the event of a hostile bid for the airline.
Reuters - Published

Lufthansa and German government agree $9.8 billion rescue package

The German government and Lufthansa , which has been hit hard by the coronavirus pandemic, have reached a preliminary deal on a 9 billion euro ($9.8 billion) bailout.
Reuters - Published

Lufthansa says Germany approves stabilization package

Germany's new Economic Stabilization Fund (WSF) has approved a 9 billion euro ($9.80 billion) stabilization package for Lufthansa , Germany's flagship carrier said on Monday.
Reuters - Published

Germany's Scholz: Lufthansa rescue package should yield 'small profit' for state

Germany's rescue package for flagship carrier Lufthansa is a "very, very good solution" that is taking into account the needs of both the company and taxpayers, Finance Minister Olaf Scholz said on..
Reuters - Published

Lufthansa has good prospects for future: German ministries

The German Finance and Economy Ministries on Monday said Lufthansa was an operationally healthy company before the coronavirus outbreak, as well as profitable and with good future prospects, but had..
Reuters - Published

Talks on Lufthansa aid not concluded yet: ministry

Negotiations on a government bailout for coronavirus-stricken airline Lufthansa are in their last phase but have not been concluded yet, a spokeswoman of the German economy ministry said on Monday.
Reuters - Published

Merkel won't allow EU to deprive Lufthansa of key slots: Handelsblatt

Chancellor Angela Merkel told senior members of her party that the German government would not allow the European Commission to deprive Lufthansa of valuable take-off and landing slots at Frankfurt and..
Reuters - Published

As Passengers Disappeared, Airlines Filled Planes With Cargo

To make up for lost revenue during the pandemic, Lufthansa, Virgin Atlantic and other airlines are hauling more cargo on aircraft, including where passengers used to sit.
NYTimes.com - Published

Germany close to securing 25% stake in Lufthansa

germany close to securing 25% stake in lufthansa
Frankfurt: Deutsche Lufthansa is close to a multi-billion euro bailout deal that would see Germany become its biggest shareholder after the coronavirus punctured a decades-long boom in air travel...
WorldNews - Published

Lufthansa closes in on $10 billion state rescue deal

Lufthansa is in advanced talks over a 9 billion euros ($9.9 billion) state bailout that would see Germany take a 20% stake in its flagship airline, as countries battle to save an aviation industry..
Reuters - Published

Lufthansa to start flying 80 more aircraft in June to meet travel demand

lufthansa to start flying 80 more aircraft in june to meet travel demand
German flagship carrier Lufthansa on Friday said it would start flying 80 more of its aircraft again in June, including to serve tourism destinations after the company grounded much of its vast fleet..
WorldNews - Published

Lufthansa board hopeful of securing government bailout soon

Lufthansa is hopeful its bailout talks with the German government can be concluded soon, the airline's board told staff in a letter seen by Reuters, adding that it is also considering alternatives such..
Reuters India - Published Also reported by •Reuters

Lufthansa still considering protection from creditors: company source

The idea of German flagship carrier Lufthansa using a type of protection from creditors is not yet off the table, a source at the airline said on Tuesday.
Reuters - Published

Bavarian premier says Lufthansa CEO's warning should be taken seriously

The premier of the German state of Bavaria on Tuesday said a warning issued by Lufthansa's CEO - that governments should not have too much influence on the airline - should be taken seriously.
Reuters - Published

Lufthansa may seek creditor protection alongside Berlin rescue talks

Lufthansa might seek some form of protection from creditors while talking to the Berlin government about a 9 billion euro ($9.76 billion) rescue package, a company source said on Tuesday after..
Reuters - Published

Lufthansa CEO warns of too much government influence: Die Zeit

Lufthansa would be hard to steer if governments had too much influence on the company, its CEO was quoted as saying by German weekly Die Zeit on Tuesday, as the airline is struggling with the impact of..
Reuters - Published

Lufthansa to discontinue Germanwings in sweeping restructuring

lufthansa to discontinue germanwings in sweeping restructuring
Lufthansa said it will close down its Germanwings low-cost airline as part of a broader overhaul which includes cutting capacity across the group, warning it could take years for the industry to..
WorldNews - Published

Lufthansa working on capital raise plan to combat coronavirus pandemic -sources

lufthansa working on capital raise plan to combat coronavirus pandemic -sources
LONDON — Germany’s Lufthansa is working on a package to raise money from the debt and equity markets to help see it through the coronavirus pandemic that has caused the collapse of passenger..
WorldNews - Published

Exclusive: Germany in talks to inject billions into Lufthansa - sources

Germany is in talks to provide Lufthansa with billions of euros in state aid and could take a stake in the airline, which has grounded more than 90% of its fleet due to the coronavirus pandemic, people..
Reuters - Published

Two-thirds of Lufthansa's staff to shorten work hours due to coronavirus

Two-thirds of Lufthansa's global staff will work reduced hours after the German airline grounded much of its fleet due to the coronavirus pandemic, Lufthansa said on Wednesday.
Reuters - Published

Airline industry crisis deepens as coronavirus kills demand

The crisis for airlines deepened on Thursday as Lufthansa , which has grounded most of its fleet, warned the industry may not survive coronavirus pandemic without government aid to offset nosediving..
Reuters - Published

Lufthansa cuts 90% of long-haul flights: statement

German airline Lufthansa said it would further cut its flight schedule after Monday's announcement that its Austrian Airlines division was scrapping all flights in response to the coronavirus-induced..
Reuters - Published

Lufthansa to cut flight capacity due to coronavirus spread

German airline group Lufthansa said it will cut the number of short- and medium-haul flights in response to the accelerated spread of the coronavirus.
Reuters - Published

Lufthansa Group grounds 13 aircraft over coronavirus cancellations

lufthansa group grounds 13 aircraft over coronavirus cancellations
BERLIN — German airline group Lufthansa said on Thursday it had grounded 13 long-haul aircraft after the company...
WorldNews - Published

Lufthansa Group extends China flight cancellations to March 28 over virus outbreak

Germany's Lufthansa on Friday said it would suspend all flights to mainland China until March 28 due to the new coronavirus, which is spreading in China and around the world.
Reuters - Published

Storm Sabine: Lufthansa cancels Monday flights to Munich from Delhi, Mumbai


IndiaTimes - Published


 Page 1  〉