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Pijus Jauniskis

Lufthansa Group to cut 25% of workforce, 14 A380s to follow

Lufthansa Group reported a huge Q2 2020 loss and confirmed that it will cut 22,000 jobs from the group, including 14 Airbus A380 aircraft that will be permanently retired....


Pijus Jauniskis

Lufthansa to resume JFK flights, offers PCR Corona testing

The Lufthansa Group announced on August 27 to be continuing its five weekly flights to New York (JFK) from Frankfurt (Germany), offering PCR corona tests to arrivals at the Frankfurt Airport....


Rytis Beresnevicius

Why AA, IAG, Lufthansa, and United want to resume EU-US flights

The chief executives of American Airlines, International Airlines Group (IAG), Lufthansa and United Airlines sent an open letter to the United States Vice President and the European Union's legislators to ease travel between Europe and North America. But why?...


Clement Charpentreau

Brussels Airlines: Lufthansa and Belgian government reach deal

The Belgian government and airline Lufthansa have reached an agreement on the rescue of Brussels Airlines. A state-loan of €290 million should be granted by Belgium, while the German group will provide €170 million....


Rytis Beresnevicius

Lufthansa shuts Germanwings off; fleet reduced by 100 aircraft

Despite various governments providing hefty sums to Lufthansa and its subsidiaries, the airline group has started a restructuring program that will see one of its subsidiaries closed and fleet significantly reduced....


Kristina Kirkliauskaite

Reopening of Europe: on what scale airlines resume service?

Although the level of operating flights is only expected to get back to normal in 2023 at the earliest, airlines in Europe are slowly reinstating their schedules from the middle of June 2020. The continent’s biggest carriers such as Ryanair, Wizzair, Lufthansa, British Airways, Air France, and KLM have begun to operate a small number of regular scheduled flights, applying different safety policies onboard. In this article, take an overview...


Rytis Beresnevicius

Ryanair: Lufthansa state aid breach European competition rules

Ryanair, which has been highly critical of the state aid package that Lufthansa is set to receive, threatens to go to court if the European Commission does not reverse its decision to approve the capital injection into Lufthansa....


Rytis Beresnevicius

Lufthansa secures $9.8 billion state aid for “successful future”

After much drama and no glamour, Lufthansa finally cleared the last hurdle before it can receive its state aid package, the company's shareholders....


Clement Charpentreau

Berlin fails to convince main shareholder as Lufthansa leaves DAX

The aviation giant Lufthansa officially left the DAX index which regroups the biggest German companies on June 22, 2020. Meanwhile, the German government attempted to convince the reluctant main shareholder of Lufthansa to approve the €9 billion rescue plan that would see the airline partly nationalized. The meeting, however, proved fruitless....


Rytis Beresnevicius

Lufthansa to enter insolvency amidst shareholder revolt?

Despite the approval of the supervisory and executive boards regarding the state aid package, Lufthansa, seemingly might fail to clear its last hurdle: its shareholders. The airline group has warned that if shareholders do not grant approval for the stabilization package, it might enter insolvency proceedings....