Page 27 - Lufthansa News Today

Lufthansa said it expects an improvement in its second-half operating result, with capacity seen at more than 95% of prepandemic levels in the third quarter,…

EU Commission launches action against airline “greenwashing”

HSBC CEO Noel Quinn Is Stepping Down HSBCs board has started searching for a successor and is considering candidates inside and outside the bank, it said. Goldman in Talks to Unload GM...

Two of Europes top airline groups, Lufthansa and Air France-KLM, announced plans to cut costs after reporting wider first-quarter losses on Tuesday as they faced high customer payouts due to flight...

The German airline reported an operating loss of €273 million in the opening three months of the year

Strike disruptions, restrained bookings caused by tension in the Middle East, and weak cargo demand resulted in first-quarter losses.

Lufthansa reports sales of ME 7392 for the 1st quarter 2024, up 5% year-on-year. However, the company recorded a sharp deterioration in adjusted EBIT, which rose from -273 ME to -849 ME in the space...

Wall Street futures down ahead of a slew of economic data, earnings and the U.S. Federal Reserve’s policy meeting

German flagship airline Lufthansa is cutting costs after labour strikes in the first quarter, with measures including hiring fewer staff in administration. At the presentation of the final quarterly figures for this year in Frankfurt, chief executive Carsten Spohr said that savings had to be made in all areas that did not directly affect customers. In principle, the company had resolved to manage with 20% fewer managers and employees in the administrative areas compared to 2019. The high strike

Although Swiss International Air Lines (SWISS) achieved higher revenue at the start of the year, it suffered a dip in profits.