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Lufthansa abandons process to buy stake in Air Europa

German airline group Lufthansa has abandoned its plan to bid for a stake in Spanish airline Air Europa, a spokesperson said today.

Business • 05 Aug

Lufthansa and Air France-KLM defy trade war worries

European airlines Lufthansa and Air France-KLM reported higher second-quarter profits today defying worries that economic uncertainty and US tariffs might hit transatlantic travel.

Business • 31 Jul

a group of people holding signs saying Shannon and Frankfurt outside the Shannon Airport building

New route from Shannon to Frankfurt for next summer

Shannon Airport has today announced a new service to Frankfurt for next summer.

Business • 29 Jul

Lufthansa reported an adjusted loss before interest and taxes (EBIT) of €722m for the first quarter of 2025, roughly in line with a company-compiled forecast

Lufthansa confirms 2025 outlook, braces for trade fallout

German airline Lufthansa has today confirmed its operating result forecast for 2025, but warned that it was closely monitoring the possible impact of trade tensions with the US.

Business • 29 Apr

Europeans are booking fewer trips to the US since President Donald Trump entered office in January this year over fears tied to political risk and possible immigration challenges.

Economic worries may hit airline results as bookings drop

European airlines are set to report first-quarter results in the coming weeks, offering outlooks for the lucrative travel season amidst growing worries that economic uncertainty could slow demand and threaten earnings.

Business • 23 Apr

Lufthansa said it has not experienced a decline in bookings to and from the US despite a stricter border policy under President Donald Trump

Lufthansa says no decline in US bookings yet

German airline Lufthansa has not experienced a decline in bookings to and from the US despite a stricter border policy under President Donald Trump, its finance chief said.

Business • 01 Apr

The Commission said last month it would order the German carrier to reinstate charter airline Condor's access to Lufthansa's short-haul network to feed Condor's Frankfurt-New York route

EU lifts interim measures in Lufthansa antitrust probe

The European Commission has dropped previously announced interim measures against Lufthansa as part of an ongoing antitrust investigation, it said today.

Business • 27 Feb

Air Europa is 20% owned by Aer Lingus and British Airways-parent IAG

Lufthansa in talks with Air Europa to buy stake - sources

German airline group Lufthansa is in talks with Spanish carrier Air Europa about the possibility of acquiring a minority stake, according to two sources with knowledge of the talks.

Business • 28 Jan

Lufthansa has finalised its acquisition of a 41% stake in Italian state-owned airline ITA Airways

Lufthansa finalises acquisition of 41% stake in ITA

Lufthansa has finalised its acquisition of a 41% stake in Italian state-owned airline ITA after European antitrust remedies were put in place, in a deal designed to boost the carrier's presence in the lucrative southern European market.

Business • 20 Jan

Lufthansa is to acquire 41% of ITA, the successor airline to bankrupt Alitalia, for €325m today

Lufthansa CEO expects Italy's ITA to boost profits

Lufthansa expects its planned stake in Italy's ITA Airways to increase the German flagship carrier's profits by hundreds of millions of euros in the coming years, chief executive Carsten Spohr told the FAZ newspaper in an interview published today.

Business • 13 Jan

Lufthansa is set to buy 41% of Italy's ITA, the successor airline to bankrupt Alitalia, for €325m

Lufthansa to buy stake in Italy's ITA next week - source

Lufthansa is set to acquire a stake in Italian state-owned airline ITA Airways on January 13, a source familiar with the situation told Reuters today, bringing to a close years of talks.

Business • 08 Jan

The European Commission has approved a package of remedies proposed for Lufthansa's purchase of a minority stake in Italy's ITA Airways

EU clears remedies package needed for Lufthansa-ITA deal

The European Commission has approved a package of remedies proposed for Lufthansa's acquisition of a minority stake in Italy's ITA Airways, in which EasyJet, Aer Lingus owner IAG and Air France-KLM would secure more routes.

Business • 02 Dec 24

Lufthansa in July won EU antitrust approval to buy 41% of Italy's ITA Airways, the successor airline to bankrupt Alitalia, for €325m

ITA's finances improving, all set for Lufthansa deal

Italy's ITA Airways is heading for a full-year profit and is in good financial shape for a planned tie-up with Lufthansa which can yield significant synergies, the Italian carrier's chairman Antonino Turicchi said in a newspaper interview today.

Business • 20 Nov 24

Lufthansa's third-quarter operating profit of €1.3 billion was in line with the expectations of analysts polled by the company, but 9% lower than a year earlier

Lufthansa reports 9% decline in third-quarter profit

German airline group Lufthansa has today reported a year-on-year fall in its operating profit in the third quarter, as its flagship brand struggles with low yields, competition with international airlines and spiralling costs.

Business • 29 Oct 24

Lufthansa's key Asian flights are becoming less profitable as Chinese airlines muscle in on the long-haul market

Lufthansa squeezed by competition in transatlantic market

Lufthansa faces falling ticket prices in its key transatlantic market amid rising competition from both Chinese and US rivals, the German airline's chief financial officer told reporters today.

Business • 28 Aug 24

Lufthansa shares are down around 23% over the last six months

Lufthansa forecasts earnings slump in Q3 as costs rise

German flagship carrier Lufthansa expects lower third-quarter earnings as yields slump and unit costs increase, the company said today, adding to warning signs for European airlines amid flattening demand and aircraft delivery snags.

Business • 31 Jul 24

The European Commission has opened a probe into the state aid granted by Germany to Lufthansa 2020

EU opens probe into German state aid for Lufthansa

The European Commission has opened an investigation into the state aid granted by Germany to airline Lufthansa during the Covid-19 pandemic in 2020, it said today.

Business • 08 Jul 24

As part of its deal, Lufthansa will give itself two years to assess ITA's financial health before pushing for a full takeover

Lufthansa CEO optimistic about financial health of ITA

Lufthansa sought to reassure investors about ITA's financial health today after the German carrier won EU approval this week to buy 41% of the Italian airline, which remains under the shadow of its predecessor Alitalia.

Business • 05 Jul 24

Italy's ITA Airways offers the German carrier more access to southern Europe, as well as to key long-haul routes

Lufthansa wins conditional EU nod for €325m ITA deal

Lufthansa has today won EU antitrust approval to buy 41% of Italy's ITA Airways for €325m after ceding routes and slots in a deal that will boost its presence in the lucrative southern European market.

Business • 03 Jul 24

Lufthansa's bid to buy a stake in Italy's ITA Airways is set to be blocked by EU antitrust regulators, sources say

Lufthansa's ITA deal may face EU veto - sources

Lufthansa's bid to buy a stake in Italian peer ITA is set to be blocked by EU antitrust regulators unless there is a substantial improvement to remedies to address competition concerns, people with direct knowledge of the matter have said.

Business • 17 May 24

Germany's Lufthansa is looking to acquire a 41% stake in state-owned ITA Airways

Lufthansa, ITA to give up 11 slots in Milan - report

Germany's Lufthansa and Italian rival ITA will offer to cede 11 pairs of slots a day at Milan's Linate airport in order to secure the EU's green light for their proposed tie-up, Italian newspaper Corriere della Sera reported over the weekend.

Business • 29 Apr 24

Lufthansa has submitted remedies to address the EU competition watchdog's concerns about its €325m bid for a 41% stake in state-owned ITA

Lufthansa seeks to persuade EU regulators over ITA deal

Lufthansa executives and lawyers are attending a day-long hearing in Brussels today to try to convince EU antitrust regulators to clear the company's bid for a minority stake in Italian rival ITA Airways.

Business • 19 Apr 24

Lufthansa wants to buy a 41% stake in state-owned ITA for €325m

Lufthansa offers concessions to gain EU nod on ITA deal

German airline Lufthansa has offered concessions aimed at securing EU antitrust approval for its acquisition of a minority stake in Italian carrier ITA Airways, an update on the European Commission website shows.

Business • 15 Apr 24

The carrier said the decision was taken after a "careful evaluation" using government security assessments and its own information.

Lufthansa extends Tehran flights suspension

German flagship airline Lufthansa has extended its suspension of flights to and from Tehran until April 18 and will not use Iranian airspace during that time, the company said today.

Business • 12 Apr 24

Lufthansa's deal with cabin union UFO includes a 16.5% wage increase in three stages over 36 months and a €3,000 inflation compensation payment

Lufthansa reaches pay deal with cabin staff, union says

Cabin staff at Lufthansa said today they had reached a wage agreement with the airline for 19,000 flight attendants after months of negotiations and a strike that left thousands of passengers stranded.

Business • 11 Apr 24