Expecting losses in the second quarter of 2020, Ryanair plans to cut wages by 20% among pilots and 10% among flight attendants and stewards. The French unions have five days to answer, after which a number of positions judged redundant will be cut....
The seemingly never-ending saga of Lufthansa's state aid might be finally coming to an end: both the executive and supervisory board approved the adjusted European Commission measures in order for the group to receive the $9.8 billion package....
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....
Lufthansa refused the conditions of the €9 billion rescue plan by the German state after the European Union requested that the group surrender slots in its two main bases, in Frankfurt and Munich....
The feud between Lufthansa and Ryanair is seemingly not coming to an end anytime soon. As the German airline group received a $9.8 billion state aid package from the German government, Ryanair's chief executive Michael O'Leary was highly critical of the affair....
Lufthansa and the German government reached an agreement on a €9 billion rescue plan. The state would acquire 20% of the capital of the airline giant, thus becoming its main shareholder. But to ensure fair competition, the European Commission might come after some of Lufthansa’s most prized assets....
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....
Brussels Airlines presented a recovery plan that includes a reduction of its workforce by a quarter and of its fleet by a third in order to "ensure its survival and create a sustainable future", as the airline faces the impact of the COVID-19 pandemic. It requires support from its parent company Lufthansa and from the Belgian government....
On May 13, 2020, Lufthansa is sending its seventh ‒ and the last ‒ Airbus A380 to a storage facility in Teruel, Spain. ...
Lufthansa officially announced that the airline group is in negotiations with the German government to grant them an aid package worth $9.7 billion (€9 billion). However, the strings that are attached previously irked Lufthansa's executives. Have they changed their stance?...
Login_crop.jpg "Ryanair gives ultimatum to French pilots: 20% wage cut or layoff")
_crop.jpg "After €9B state aid, Lufthansa could surrender its best slots")
_landing_at_brussels_airport_(1)_crop.jpg "Brussels Airlines could fire 1000 employees, unions in shock")
