Lufthansa to enter insolvency amidst shareholder revolt?
It seemed like a stressful month of negotiations was already over for Lufthansa (LHAB) (LHA) . All sides,…
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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)
Lufthansa settles on 22,000 full-time job cuts
After concluding talks with representatives of pilot and flight attendant unions, Lufthansa (LHAB) (LHA) has punched in the…
Lufthansa has 26,000 employees too many; pilots cut wages by 45%
While the saga of the $9.8 billion (€9 billion) state aid package to Lufthansa (LHAB) (LHA) is yet…
Austrian government puts foot down on low-cost tickets
The Austrian government will introduce a set of taxes on flight tickets, as it aims to combat aviation’s…
Austrian Airlines to receive €600 million state aid package
Austrian Airlines, the flag-carrier of Austria, announced that it will be getting a sum of €600 million euros…
Cost of the crisis? Lufthansa burning $896 million per month
There is no doubt that the coronacrisis is an unprecedented event in the history of the aviation industry.…
Ryanair gives ultimatum to French pilots: 20% wage cut or layoff
Expecting losses in the second quarter of 2020, Ryanair plans to cut wages by 20% among pilots and…
Caving in: Lufthansa gives up slots to receive state aid package
The long-lasting drama of Lufthansa (LHAB) (LHA) taking up state aid to weather the storm of the coronacrisis…
European pilots plea for EC to accept Lufthansa state aid deal
Several airline pilot unions have requested the European Commission (EC) to accept Lufthansa’s (LHAB) (LHA) state aid deal…
Feud continues: Ryanair to appeal Lufthansa $9.8B state aid
The feud between Ryanair and Lufthansa (LHAB) (LHA) , ever since the latter acquired Air Berlin (AB1) ‘s…
$9.8 billion for 20% stake: Lufthansa agrees state aid deal
Lufthansa (LHAB) (LHA) , like many other airlines and airline groups around the world, has seen its world…
Lufthansa to close A380 base in Frankfurt
Lufthansa (LHAB) (LHA) has confirmed to Airliners.de that it intends to transfer all its Airbus A380-800s to Munich…
Brussels Airlines could fire 1000 employees, unions in shock
Brussels Airlines presented a recovery plan that includes a reduction of its workforce by a quarter and of…
Lufthansa sends last Airbus A380 to storage in Teruel
On May 13, 2020, Lufthansa (LHAB) (LHA) is sending its seventh ‒ and the last ‒ Airbus A380…
Lufthansa softens position on government aid?
While some airlines were looking towards state aid to increase their liquidity and help them weather the coronavirus…
Spohr: we want to hold Lufthansa Group together
Amidst the coronavirus pandemic, Lufthansa Group held its annual general shareholder’s meeting on May 5, 2020. The chief…
Lufthansa to choose insolvency instead of state aid?
While Lufthansa’s (LHAB) (LHA) fleet remains grounded and fixed costs that leases and employee wages keep accumulating, the company…
Lufthansa sends first A380 to storage in Teruel
As government-imposed travel restrictions put air travel to a halt, airlines scrambled to find storage space on where…