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The airlines promised to clear any refund backlogs and better inform passengers of their rights in the future

Airlines agree to pay refunds over Covid cancellations

A group of European airlines has agreed to refund passengers whose flights were cancelled during the Covid-19 pandemic, and committed to provide better information on passengers' rights in future.

Business • 30 Sep 21

Lufthansa's chief executive Carsten Spohr

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 time, chief executive Carsten Spohr has said.

Business • 31 Aug 21

Lufthansa shares fell as much as 4.9% to €8.81 in early trade after the announcement

Germany to sell up to a quarter of its Lufthansa stake

Germany plans to sell up to a quarter of its 20% stake in Lufthansa over the coming weeks, the German finance agency said, citing positive developments at the bailed-out airline.

Business • 16 Aug 21

Its adjusted operating loss narrowed to €952 million euros, down 43% from a year earlier

Lufthansa narrows quarterly loss

Germany's Lufthansa has further narrowed its losses in the second quarter and recorded its first positive cash flow since the start of the coronavirus crisis, citing faster than planned cost cuts.

Business • 05 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

Demand for summer flights to New York, Miami and Los Angeles has increased by up to 300%, Lufthansa said today

Lufthansa sees surge in demand for flights

Lufthansa said today it was seeing a surge in demand for flights to the US and to European destinations following a loosening of German travel restrictions as coronavirus case numbers decline.

Business • 18 May 21

Lufthansa said today it expected to fly at about 40% of its pre-pandemic capacity

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 losses.

Business • 29 Apr 21

The German airline said it expects an average monthly operating cash drain of around €300m in the first quarter of 2021

Lufthansa reports record loss for 2020 due to Covid-19

Lufthansa may permanently ground more planes to emerge leaner from the coronavirus pandemic, the German airline group said today as it posted record losses for 2020.

Business • 04 Mar 21

Lufthansa will operate a Bombardier CRJ-900 aircraft with 75 seats on board

Lufthansa to launch new Frankfurt service from Cork

Lufthansa is set to start a twice-weekly Cork-Frankfurt service for Summer 2021, connecting the two cities for the first time in eighteen years.

Business • 25 Feb 21

Lufthansa is now losing €1m every 2 hours, which it says is a significant improvement

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 Carsten Spohr said today.

Business • 21 Jan 21

Lufthansa CEO Carsten Spohr said he expects business on average to reach half of 2019 levels next year

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 magazine.

Business • 11 Dec 20

Lufthansa is to trial rapid pre-flight coronavirus antigen tests in Germany next week

Lufthansa to start rapid pre-flight tests in Germany

Lufthansa is to start trialling rapid pre-flight coronavirus antigen tests in Germany next week, which passengers will need to pass in order to fly.

Business • 06 Nov 20

The German airline aims to slash 22,000 full-time jobs due to Covid-19

Lufthansa warns of further restructuring costs in Q4

Lufthansa said today it had booked a net loss of €2 billion in the third quarter due to the pandemic-related slump in travelling and said further restructuring measures would weigh on fourth-quarter figures.

Business • 05 Nov 20

Carsten Spohr, the chief executive of Lufthansa

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 is aiming to reduce its monthly cash burn by around €100m a month to around €400m in the winter period 2020/2021

Lufthansa takes €1.1 billion charge as it shrinks fleet

Lufthansa said today it was shrinking its fleet further as a result of the coronavirus pandemic, forcing it to take a €1.1 billion impairment on the value of its aircraft in the third quarter.

Business • 21 Sep 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

The airline carried 96% fewer passengers between April and June than a year earlier

Lufthansa sees worst quarterly loss in 65-year history

Lufthansa does not expect air travel demand to return to pre-Covid-19 crisis levels until at least 2024, as the German airline posted a €1.7 billion quarterly operating loss.

Business • 06 Aug 20

Investor Heinz Hermann Thiele has endorsed a €9 billion government bailout to rescue Lufthansa

Lufthansa soars after top shareholder backs bailout

Lufthansa shares jumped 10% today after its top shareholder dropped his objections to a €9 billion government bailout for the German airline brought to the brink of collapse by the Covid-19 pandemic.

Business • 25 Jun 20

Lufthansa draws up plan to avoid insolvency should a shareholder vote fail to approve a $10 billion government bailout

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 told Reuters today.

Business • 24 Jun 20

Lufthansa CEO Carsten Spohr said the airline is seeking to avoid a grounding and insolvency

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 the airline's biggest shareholder over the terms of a €9 billion bailout.

Business • 22 Jun 20

Lufthansa has been hard hit by what is expected to be a protracted travel slump due to the coronavirus pandemic

Lufthansa warns €9 billion bailout deal in jeopardy

German airline Lufthansa warned today that it might need to apply for protection from creditors if its state-backed bailout deal failed to win sufficient support at a shareholder vote on June 25.

Business • 17 Jun 20

Lufthansa said it would operate about 100 fewer aircraft after the Covid-19 crisis

Up to 26,000 Lufthansa employees at risk of losing jobs

Lufthansa admitted today the positions of up to 26,000 employees are surplus to requirements, suggesting many more jobs will be cut at the German carrier than a figure of more than 10,000 flagged a few weeks ago.

Business • 11 Jun 20

Lufthansa had grounded almost all its aircraft at the height of the Covid-19 pandemic

Lufthansa posts first-quarter net loss of €2.1 billion

German airline Lufthansa posted a net loss of €2.1 billion in the first quarter, writing down the value of assets as the Covid-19 pandemic hits the travel sector.

Business • 03 Jun 20

EU competition chief Margrethe Vestager has said she was not making it more difficult for Lufthansa to get a €9 billion rescue deal

Vestager denies making Lufthansa bailout more difficult

EU competition chief Margrethe Vestager denied today that she was putting hurdles in the way of Lufthansa's €9 billion government rescue.

Business • 29 May 20

The Lufthansa group has been bleeding €1m per hour with around 90% of its fleet grounded

Lufthansa says 'unable to approve' state rescue deal

Coronavirus-stricken airline group Lufthansa said its supervisory board was "unable to approve" a €9 billion German state rescue over fears of over-harsh conditions from Brussels.

Business • 27 May 20