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Rytis Beresnevicius
European pilots plea for EC to accept Lufthansa state aid deal

While the supervisory board of Lufthansa rejected the strings attached by the European Commission regarding the state aid deal, the pilots of various European pilot associations have pleaded to the European Commission to approve the deal without any strings....


Rytis Beresnevicius
$9.8 billion for 20% stake: Lufthansa agrees state aid deal

While at first Lufthansa was very reluctant to take up state aid to weather the coronavirus pandemic, the stance has changed over time. Now, a deal with the German government was reportedly finally reached....


Rytis Beresnevicius
Spohr: we want to hold Lufthansa Group together

Lufthansa held its annual shareholder's meeting, where the airline group highlighted its current situation and its future plans, including the negotiations with the state regarding support for the airline group....


Rytis Beresnevicius
Ex-Lufthansa subsidiary LGW declares insolvency due coronavirus

Unfortunately, another airline had to announce its insolvency due to the outbreak of COVID-19 and the subsequent stoppage of almost all air travel. LGW, an ex-Lufthansa subsidiary, is no more....


Rytis Beresnevicius
Lufthansa to retire A340, A380 and Boeing 747 due COVID-19

Airlines, seemingly, are preparing for the worst in the medium-term: with demand for travel at an all-time low, carriers are retiring their gas-guzzling four-engine aircraft. Lufthansa is the latest airline to do so....


Rytis Beresnevicius
Coronavirus puts further pressure on falling Lufthansa profits

With already a subpar 2019 for Lufthansa, the airline group is facing another tough challenge with the outbreak of coronavirus, as profits are expected to fall further....


Rytis Beresnevicius
Lufthansa profits plummet amid “pricing pressure” in Europe

The German airline group has announced its Q3 2019 financial results. While the quarterly results are fairly positive, the year-to-date, together with the outlook, show worrisome sings. ...


Rytis Beresnevicius
Lufthansa slightly increases passenger numbers in September 2019

Lufthansa has announced its latest traffic results, including figures for its two mainline subsidiaries and the low-cost carrier, Eurowings. While the three network airlines, namely Austrian Airlines, Swiss International Air Lines and Lufthansa, foresaw great results, Eurowings is showcasing worrying trends as the calm flight season of fall begins....


Rytis Beresnevicius
Lufthansa Group grows in August; provides update on Eurowings

As Lufthansa keeps fighting price wars within Europe, the Germany-based airline group announced its results for August:...


Rytis Beresnevicius
Lufthansa, Eurowings announce North American and Indian routes

Lufthansa Group has announced new routes to North America and India. In the announcement, surprisingly, the group announced that Eurowings will extend its long-haul network and will serve new destinations together with Lufthansa....