Page 5 - Lufthansa

Lufthansa gears up for showdown with investor over 9-billion-euro bailout

Lufthansa has been hard hit by what is expected to be a protracted travel slump because of the Covid-19 pandemic, forcing it to seek a bailout

Covid-19 impact: Lufthansa says 22,000 jobs could go in costs purge

The carrier may also face a fare war with European discounters led by Ryanair Holdings and years of sluggish demand on usually money-spinning long-haul routes.

Lufthansa management accepts tweaked demands by Brussels over state bailout

Lufthansa and the rest of the airline sector have been hard hit by what is expected to be a protracted travel slump due to the coronavirus pandemic

IT firms to face heat as global enterprises put digital projects on hold

Digital initiatives of several global enterprises have been cancelled or postponed in the last couple of months as the Covid-19 crisis has prompted firms to halt non-revenue generating ventures

Lufthansa refuses to accept EU conditions on $10-billion bailout

Airlines including Air France-KLM and the main U.S. carriers have all sought government aid to ride out the coronavirus crisis, which has brought air travel to a near-halt.

Germany stamps authority on Lufthansa with $9.8 billion lifeline

Berlin, which has set up a 100 billion euro fund to take stakes in companies struck by the coronavirus crisis, says it plans to sell the Lufthansa stake by the end of 2023

Germany set to take Lufthansa stake in landmark $9.8-billion bailout

The aid package involves taking an initial 20 per cent stake that could rise to a blocking minority of 25 per cent plus one share in the event of a hostile takeover, the carrier said on Monday.

Lufthansa, German govt agree on rescue package amid travel slump: Report

Rivals such as Franco-Dutch group Air France-KLM and U.S. carriers American Airlines, United Airlines and Delta Air Lines have also sought state aid

Lufthansa in advanced talks for state rescue deal worth about $10 billion

The deal includes state taking a 20% stake in the company

Lufthansa Group plans to resume Mumbai-Frankfurt flight services in June

With over 106 destinations in Germany and Europe and more than 20 intercontinental destinations, the range of flights will be expanded

Lufthansa, Swiss to resume flights to Mumbai from Frankfurt, Zurich

Lufthansa group's senior director (sales), South Asia, George Ettiyil said the decision reflects the robust demand for flights to and from India, even in these unprecedented times.

Coronavirus: The world is cross with China; some are even demanding damages

One of Germany's largest newspapers, Bild, in its article titled 'What China owes us', published on Wednesday, has mentioned a bill of $165 billion, for the repercussions Germany had to face

Lufthansa grounds 150 aircraft globally to cut costs over Coronavirus scare

Shares in Lufthansa have plunged in recent days as the likely impact of the COVID-19 disease on the aviation sector in particular has become clearer

Lufthansa union calls for 3-day strike at Germanwings after talks fail

Eurowings, in a separate statement, said 30 of the group's 140 planes fly for Germanwings. Further talks between the airline and the union are planned for Jan. 16-17

Vistara signs codeshare agreement with Lufthansa, 6th with overseas airline

As part of the agreement, Lufthansa will add its 'LH' designator code to nearly 18 Vistara-operated flights every day covering ten Indian cities, including Delhi, Mumbai and Chennai

Lufthansa plans to strengthen partnerships with Indian airlines in 2020

The European carrier has a codeshare agreement with Air India, which allows one airline's passenger to book a ticket on the other airline, using the first one's ticketing system

Lufthansa scraps 1,300 flights over two-day German cabin crew strike

The 48-hour stoppage called by the UFO flight attendants' union is due to start at 2300 GMT on Wednesday and last until 2300 GMT on Friday

Lufthansa ready for arbitration to resolve long-running staff dispute

UFO for now will not prolong the two-day strike at Lufthansa's core brand

Next level is advanced biometrics: Lufthansa Group Airlines' Alain Chisari

We would not need anything but your face to complete the flying processes, Chisari tells Shubhomoy Sikdar

Lufthansa builds a connect with entrepreneurs

Lufthansa's 'Runway to Success' programme goes beyond mass-media advertising, building long-term relationships with its target audience