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 »
Lufthansa supervisory board rubber stamps $10 billion state bailout
Lufthansa’s supervisory board has approved a 9 billion euro ($10 billion) government bailout that will force the German airline to… Read More »
Lufthansa board rejects EU conditions on $10 billion bailout
Lufthansa’s $10 billion government bailout was thrown into doubt on Wednesday after the German airline’s supervisory board refused to accept… Read More »
Lufthansa, German government agree on $9.8 billion rescue package: sources
The German government and the management of flagship carrier Lufthansa, which has been hit hard by the coronavirus pandemic, have… Read More »
Lufthansa expects hundreds of aircraft to be grounded until 2022
Lufthansa is bracing for hundreds of aircraft to remain grounded due to the coronavirus pandemic well into 2022 and that… Read More »
Lufthansa Begins Collaboration to Develop Fuel From Sunlight
The Lufthansa Group has initiated a partnership with the Swiss Federal Institute of Technology Zurich (ETH Zurich) and the Institute’s… Read More »
Lufthansa will permanently ground Germanwings
Lufthans will discuss permanently grounding its Germanwings low-cost airline unit at a management board meeting, two sources familiar with the… Read More »
Lufthansa is offering employees unpaid leave and deferring new hirings
Lufthansa is offering employees unpaid leave and deferring the hiring of new flight attendants and station personnel-even though they already… Read More »