Germany greenlights $1.66bn loan to Swiss and Edelweiss
The German government has cleared a CHF1.5 billion Swiss franc (USD1.66 billion) state-backed loan to Swiss (LX, Zurich) and its… Read More »
Loss prompts Lufthansa to consider sale of non-core units
Lufthansa (LH, Frankfurt Int’l) posted a EUR1.2 billion euro (USD1.35 billion) loss for the first quarter of 2020, prompting it… Read More »
French subsidiary of Ireland’s CityJet enters liquidation
The French subsidiary of Ireland’s CityJet (WX, Dublin Int’l) has been placed into liquidation in the latest blow to the… Read More »
Lufthansa Group parks 700 aircraft in crisis response
Lufthansa Group is unable to predict how much its profit will fall this year as it confirmed a 95% capacity… Read More »
Hermes Airports Eyes Growth and Year-Round Connectivity
At Routes World 2024 in Bahrain, Hermes Airports, the operator of Larnaka and Pafos airports in Cyprus, shared insights into… Read More »
Safran to Invest €1 Billion in LEAP MRO Network
Safran Aircraft Engines has announced a significant investment of over €1 billion (approximately $1.08 billion) aimed at enhancing its global… Read More »
Malta Airport Sees Record Passenger Growth in 2023
Malta International Airport (MLA) achieved a remarkable milestone in 2023, welcoming over 7.8 million passengers, marking a 6.7% increase compared… Read More »
Ryanair Cancels German Flights in Summer 2025 Due to High Taxes
Ryanair, the Dublin-based budget airline, has announced plans to cancel all flights to Dortmund, Dresden, and Leipzig/Halle airports in summer… Read More »