But unions argue that many labor rights removed as a temporary measure during the bailout-era have not been restored. “We were told during the bailouts that the (measures) would only last for a ...
LUFTHANSA GROUP expects to post €849m loss (EBIT) for 1Q24 vs €273m loss in 1Q23, higher than expected due to various strikes that impacted earnings by €350m. It is now projecting adjusted ...
On Sunday, Lufthansa Airlines CEO Jens Ritter announced on LinkedIn the delivery of the airline's first-ever Allegris-equipped airplane — an Airbus A350, registered D-AIXT and nicknamed Leipzig.
Lufthansa is launching its new "Allegris" cabin on Airbus A350 planes starting in May. Allegris represents a new era of comfort for Lufthansa and will initially serve Canada and the US. The double ...
On Sunday, Lufthansa Airlines CEO Jens Ritter announced on LinkedIn the delivery of the airline's first-ever Allegris-equipped airplane — an Airbus A350, registered D-AIXT and nicknamed Leipzig.
Professor Eliplimi Agbloyor, an Associate Professor at the University of Ghana Business School (UGBS), says the $360 million from the International Monetary Fund is not sufficient for Ghana’s reserve.
Lufthansa's remedies could include ceding airport slots, traffic rights and planes to a rival, similar to those in a Korean airline deal approved by the Commission, a person with direct knowledge ...
The Lufthansa Group is slashing its financial forecast after a series of strikes affected its operations and warned rising tensions in the Middle East could further affect its bottom line.
Deutsche Lufthansa LHA0.54%increase; green up pointing triangle slashed its earnings forecasts for the year after a recent wave of strikes wiped out hundreds of millions of euros, and warned that ...
Lufthansa's plan to buy a 41% stake in state-owned ITA for €325m and Aer Lingus owner IAG's bid to buy out Spain's Air Europa are part of sector consolidation as European carriers seek to ...
After his first attempt at large-scale student loan forgiveness produced a last-minute surge of young voters to the polls in the 2022 midterms before it was struck down by the Supreme Court ...
Airlines flying to the Middle East are beginning to make changes to their schedules after Iran launched over 300 drones and missiles at Israel in a brutal assault. Reuters reported that German ...