Lufthansa continues cost-cuts, plans to lay off 10,000 staff
After reporting a net loss of more than €1 billion in Q1, 2021, Lufthansa (LHAB) (LHA) decided to…
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Lufthansa
361 articles
Lufthansa is a major German airline and one of the largest airline groups in Europe. Headquartered in Cologne, Germany, it operates a vast network of domestic and international destinations, connecting passengers to over 200 destinations worldwide. As a founding member of the Star Alliance, Lufthansa plays a significant role in global aviation, offering seamless travel experiences through its extensive network and partnerships.
Key Facts
- Founded: 1953
- Headquarters: Cologne, Germany
- Fleet Size: Over 700 aircraft
- Destinations: 200+ worldwide
- Alliance: Star Alliance (founding member)
- Subsidiaries: Austrian Airlines, Swiss International Air Lines, Brussels Airlines, Eurowings
- Passenger Numbers: Over 130 million annually (pre-pandemic)
- Hubs: Frankfurt Airport (FRA), Munich Airport (MUC)
For Europe’s airlines, is summer travel season the last hope for survival?
Despite a round of positive news over the course of the past few months, including the beginning of…
Ryanair’s O’Leary: Lufthansa is like a drunken uncle at a German wedding
The ever expressive Ryanair chief executive Michael O’Leary compared Lufthansa (LHAB) (LHA) to a “drunken uncle at a…
Lufthansa suffers massive loss; confirms A380 and 747 exit
While cargo for many airlines has become a bright spot during a dark period, more often than not,…
Lufthansa Group expects sharp recovery in summer 2021
Lufthansa Group bets on the COVID-19 vaccines and testing procedures to lead the company into a “sharp recovery”…
Lufthansa to fly longest passenger flight in its history
Lufthansa (LHAB) (LHA) prepares for the longest passenger flight in its history. The largest German airline plans to…
Lufthansa collects €500 million using aircraft as securities
On January 6, 2021, Lufthansa (LHAB) (LHA) announced that it gathered a total of €500 million in the…
Nigeria lifts flight ban for Lufthansa, Air France & KLM
The government of Nigeria lifted a flight ban on some European air carriers, clearing the way to resume…
Lufthansa to offer passengers to buy meals on short-haul flights
Lufthansa (LHAB) (LHA), including other group airlines like Austrian Airlines and Swiss International Air Lines, will introduce an…
Lufthansa reaches agreement with union to avoid lay-offs
Lufthansa (LHAB) (LHA) confirmed a new deal with trade union Verdi to cut €200 million in expenses for…
Lufthansa expects to gain proceeds in €525 million bonds offering
A German airline Lufthansa (LHAB) (LHA) announced the launch of €525 million senior unsecured convertible bonds offering. The…
How six Boeing 747s became logistical nightmare for Lufthansa
Storing aircraft could become quite a headache for airlines and Lufthansa (LHAB) (LHA) might be a great case to…
Can you name the airline subsidiary? [Quiz]
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Lufthansa suffers €1.26 billion loss, expects more
Deutsche Lufthansa (LHAB) (LHA), the largest German airline, reported an operating loss of €1.26 billion in the third…
Lufthansa expects delay in its first Boeing 777X delivery
Lufthansa (LHAB) (LHA) seems less than hopeful for the delivery deadline of the Boeing 777-9. Carsten Spohr, the…
After €9B state aid, Lufthansa could surrender its best slots
Lufthansa (LHAB) (LHA) and the German government reached an agreement on a €9 billion rescue plan. The state…
Lufthansa refuses €9B German rescue plan over EU conditions
Lufthansa (LHAB) (LHA) refused the conditions of the €9 billion rescue plan by the German state after the…
Tracking the downfall of European airlines
Many have called COVID-19 pandemic the worst crisis in the history of air travel, with passenger numbers falling…