Lufthansa clinches deal for 41% stake in ITA Airways Lufthansa will take a 41% stake in ITA Airways by way of a €325m capital increase that will flow directly to the Italian carrier, the … Business • 26 May
Lufthansa CEO set for Rome to discuss ITA deal - report Lufthansa CEO Carsten Spohr is heading to Rome to discuss taking a planned stake in ITA Airways, Italian Economy Minister Giancarlo Giorgetti was quoted as … Business • 25 May
Lufthansa earnings rebound as it flags further gains Germany's Lufthansa has returned to what it called a "clearly positive result" for 2022 as air travel bounced back and said it expected an significant … Business • 03 Mar
ITA and Lufthansa bosses meet ahead of possible sale ITA Airways Chairman Antonino Turicchi met Lufthansa chief executive Carsten Spohr this week as Italy's government aims to sign a preliminary agreement for the sale … Business • 09 Dec 22
Air fares won't return to pre-Covid levels - Spohr Lufthansa chief executive Carsten Spohr has said that flight prices will never return to where they were before the pandemic, forecasting stable or increasing prices … Business • 13 Sep 22
Lufthansa says fuel costs offset post-Covid travel boom Germany's Lufthansa is looking to return to an operating profit this quarter as demand for travel rises with the easing of Covid-19 curbs and the … Business • 05 May 22
Lufthansa says on course for recovery Germany's Lufthansa, which narrowed its losses in 2021 but remained in the red, said today that it could not provide a detailed outlook for 2022 … Business • 03 Mar 22
Lufthansa repays €1.5 billion of state aid after cash Deutsche Lufthansa has wrapped up a €2.16 billion capital increase and used the proceeds to repay €1.5 billion in state aid as it banks on … Business • 12 Oct 21
Lufthansa's rescue deal on track, says CEO German airline Lufthansa will generate positive cash flow this summer, while it should be possible to fully unwind a Covid-19 rescue package in a year's … Business • 31 Aug 21
Lufthansa aims to repay state aid before German poll Lufthansa wants to repay state aid it received during the pandemic before Germany's federal election in September if possible, the airline's chief executive said today. Business • 18 Jun 21
Lufthansa stems losses despite slower recovery outlook Lufthansa has today lowered its full-year capacity forecast as hopes dwindle for an early summer travel rebound, but the German airline's cost-cutting drive narrowed quarterly … Business • 29 Apr 21
Lufthansa has cut losses to €1m every two hours - CEO German airline Lufthansa is losing €1m every two hours, which represents "a significant improvement" over the low point of the Covid-19 crisis, its chief executive … Business • 21 Jan 21
Lufthansa CEO sees bookings tripling in Summer 2021 Bookings at Lufthansa have tripled for next Summer boosted by the imminent approval of a Covid-19 vaccine, its chief executive Carsten Spohr told a German … Business • 11 Dec 20
Lufthansa says no end in sight to burning through cash Deutsche Lufthansa is burning cash at a rate of €500m a month and is far from breaking even, the German airline's chief executive has said. Business • 06 Oct 20
Lufthansa could cut more planes and jobs than planned German airline Lufthansa could cut its fleet by 130 planes in response to the coronavirus crisis, two people familiar with the matter said. Business • 16 Sep 20
Lufthansa draws up 'Plan B' to avoid insolvency: source Lufthansa has drawn up a plan to avoid insolvency should a shareholder vote tomorrow fail to approve a $10 billion government bailout, a company source … Business • 24 Jun 20
Lufthansa shares down as investor battles bailout terms Lufthansa shares slumped 5.7% this morning after CEO Carsten Spohr said the company would seek to avoid a grounding and insolvency in a battle with … Business • 22 Jun 20
Lufthansa losing €1m an hour, will need state aid - CEO Lufthansa is losing €1m an hour as the coronavirus pandemic paralyses travel, CEO Carsten Spohr said, warning that the German airline giant would need state … Business • 09 Apr 20
Airlines may not survive without state aid - Lufthansa Lufthansa said that the airline industry may not survive without state aid if the coronavirus epidemic lasts for a long time. Business • 20 Mar 20
Germany's Lufthansa to bid for Thomas Cook's Condor Lufthansa will make an offer for Thomas Cook's German airline Condor with an option to acquire the remaining airlines of the British travel group, Lufthansa's … Business • 07 May 19
Lufthansa CEO sees just three Europe carriers The chief executive of Germany's Lufthansa said he expects the company to take part in more consolidation in the industry that will eventually leave three … Business • 27 Nov 18
Lufthansa in contact with Norwegian Air, CEO says Lufthansa is in contact with Norwegian Air Shuttle, also the subject of bid interest from Aer Lingus owner IAG, the German group's chief executive told … Business • 18 Jun 18
Lufthansa eyes improving revenue trends German carrier Lufthansa gave a more upbeat assessment of revenue trends up to the end of the year, with the carrier benefiting from solid passenger … Business • 25 Oct 17
Lufthansa snaps up parts of failed Air Berlin Lufthansa today reinforced its position as Germany's largest airline by signing a €210m deal to buy large parts of insolvent Air Berlin. Business • 12 Oct 17
Lufthansa trims growth plans further for Q4 Lufthansa has cut back its growth estimate for the fourth quarter as it seeks to offset pressure on ticket prices by offering fewer seats than … Business • 02 Nov 16
