Lufthansa Group

Lufthansa to repay €9 billion of state aid, Group CEO hints

Lufthansa aims to repay €9 billion of state aid before the country’s federal election in September 2021, the Group CEO hinted....


Lufthansa pushes forward with group airlines closures in Q2 2021

Lufthansa projects positive cash flow by the second quarter of 2021 off strong leisure and long-haul travel demand. Group projects 8% EBIT margin by 2024.  ...


Lufthansa to replace A340 fleet by 10 new long-haul jets

Lufthansa decided to purchase 10 new long-haul jets in order to replace its Airbus A340 fleet....


Eurowings to open new base in Berlin

Eurowings has scheduled the date for the new base launch in Berlin, Germany.  ...


Lufthansa Group expects sharp recovery in summer 2021

The CEO of Lufthansa Group expects a “sharp recovery” in passenger traffic around the summer season of 2021.   ...


Lufthansa expects to gain proceeds in €525 million bonds offering

Lufthansa launched a €525 million worth offering of senior unsecured convertible bonds....


Lufthansa suffers €1.26 billion loss, expects more

Deutsche Lufthansa, the largest German airline, reported an operating loss of €1.26 billion in the third quarter of 2020. However, after the airline expanded its flight schedule in July and August 2020 and significantly reduced costs, the losses became slightly lower in comparison to the previous quarter loss of €1.5 billion....


Lufthansa confirms Airbus A380 retirement, to scrap some A340s

Lufthansa no longer plans to use the Airbus A380 aircraft that still remains in its fleet for passenger service, the carrier revealed in a statement on September 21, 2020. The 8 aircraft would be transferred to a long-term storage mode and taken out of planning. The carrier already retired six Airbus airliners of the same type in the spring of 2020.   ...


Lufthansa to scrap entire widebody fleets, more layoffs to entail

Deutsche Lufthansa plans to scrap most of its widebody passenger aircraft, which would contribute to additional redundancies on top of the previously announced  22,000 layoffs....


Lufthansa Cargo readies for COVID vaccine distribution in US & EU

Lufthansa Cargo opened new Pharma Facilities in Munich, Germany and Chicago, the United States in the wake of the COVID-19 pandemic, the company confirmed....