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Lufthansa Group partners with FinMont to improve B2B payments

The Lufthansa Group has teamed up with



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Lufthansa reaches deal to secure stake in Italy's ITA Airways

Lufthansa reaches deal to secure stake in Italy's ITA Airways




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Lufthansa, London England United Kingdom

The Largest German Airline And When Combined With Its Subsidiaries Also The Largest Airline In Europe Both In Terms Of Fleet S... Sven Schneider, London, England, United Kingdom





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Lufthansa Turbulence Shakes Up Frankfurt Flight: 11 Injured in Mid-Atlantic Jolt!

In a turbulent flight from Buenos Aires to Frankfurt, eleven individuals were injured after a Lufthansa Boeing 747-8 encountered severe turbulence over the Atlantic Ocean. According to Lufthansa, the brief but intense turbulence occurred while the plane was flying through an




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Severe turbulence jolts Buenos Aires-Frankfurt Lufthansa flight, 11 injured

The Boeing 747-8 had been carrying 329 passengers and 19 crew members. The turbulence was brief and occurred in an intertropical convergence zone




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Lufthansa Inches Toward Restart, Seeks German Government Bailout

European airlines are beginning to see faint glimmers of economic sunlight and preparing to come out of their coronavirus hibernation.Deutsche Lufthansa AG (OTCMKTS:DLAKY) on Friday said group airlines Lufthansa, Eurowings and SWISS will collectively reactivate 80 aircraft for June, doubling the operational fleet size to serve a total of 106 destinations. IAG Group this week said it plans to ramp up passenger service in July on the expectation that travel restrictions will ease and more people will start flying again. Both airlines have shrunk flight operations to less than 10% of their pre-crisis level as the pandemic caused the travel market to collapse.Most of the Lufthansa Group aircraft currently in service today are flying cargo or rescue missions for governments and travel operators to bring home tourists and other travelers stranded abroad by coronavirus travel bans. Lufthansa operates a dedicated fleet of freighters and is using many passenger planes for dedicated cargo operations too.With the outbreak past its crest in Europe, Lufthansa said it will gradually expand its flight schedule each month as Germany and other European countries loosen travel restrictions and open borders "We sense a great desire and longing among people to travel again. Hotels and restaurants are slowly opening, and visits to friends and family are in some cases being allowed again. With all due caution, we are now making it possible for people to catch up and experience what they had to do without for a long time. It goes without saying that the safety and health of our guests and employees are of the highest priority," said Harry Hohmeister, the head of commercial passenger airlines at Deutsche Lufthansa AG, in a statement.Starting in June, Group airlines will again fly to leisure destinations in Mallorca, Spain; the German island of Sylt; Rostock, Germany; and Crete, Greece. The June flight schedule will be published within a week.The company cautioned travelers to prepare for longer wait times at airport security checkpoints as authorities impose stricter hygiene regulations. And catering services on board will also remain restricted until further notice.Earlier this week, Lufthansa Group began requiring all passengers to wear face masks to help protect passengers and crew members from infection.Meanwhile, the parent company disclosed this week that it is negotiating with the German government for an emergency financial aid package worth 9 billion euros ($9.7 billion) to help fund operations and payroll until revenues pick up in a meaningful way.Germany privatized Lufthansa in the late 1990s.The relief package would include a secured loan and a non-voting equity stake of up to 25% for the government. Lufthansa would also be required to suspend future dividend payments as part of the deal.Lufthansa officials have warned the company may file for bankruptcy without stabilization aid. An issue under debate is the government's request for two board seats, which could give the government a say in how many workers to retain or other policies.Most of Lufthansa's workers are on leave and receiving aid under a government safety-net program.The International Air Transport Association has said governments need to do more to help airlines get through the worst crisis in aviation history because of the enormous number of jobs involved and because air travel is critical to reviving the global economy.Photo: Lufthansa AirlinesSee more from Benzinga * BLS Report: Six Years Of Trucking Sector Job Gains Have Disappeared * USA Truck Sees Green Shoots Amid Uncertainty; Shares Surge * California Targets Two Trading Companies Over Fuel Prices, But Diesel Isn't Part Of The Lawsuit(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.





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Diese Urlaubsorte steuert die Lufthansa bald wieder an

Ab Juni will die Lufthansa-Gruppe ihren in der Corona-Krise minimierten Flugplan wieder ausbauen und zu beliebten Ferienzielen fliegen. Kunden zeigen wachsendes Interesse. Einschränkungen wird es an Bord trotzdem geben.




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Lufthansa CEO on How Coronavirus Has Radically Upended the Aviation Industry

The coronavirus pandemic has inflicted massive damage on the aviation industry. But Lufthansa CEO Carsten Spohr says that the German flag carrier is in a good position to survive, even if it will take several years for the industry to recover.




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Lufthansa seeks €9 billion bailout amid political talks

Lufthansa is negotiating a €9 billion bailout with Germany's economic stabilisation fund to ensure its future, the airline said, confirming an earlier Reuters report.




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Travel misery as Lufthansa pilots strike again

German flagship carrier Lufthansa cancels nearly half of scheduled services as pilots continue two-day strike, their ninth walkout this year




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Lufthansa makes it compulsory for all passengers to wear face masks on flights

It's the first European airline to make face masks mandatory for passengers




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Four Former Executives of Lufthansa Subsidiary Bizjet Charged with Foreign Bribery

Charges were unsealed today against four former executives of BizJet International Sales and Support Inc., the U.S.-based subsidiary of Lufthansa Technik AG, which provides aircraft maintenance, repair and overhaul (MRO) services, for their alleged participation in a scheme to pay bribes to government officials in Latin America.



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Former Chief Executive Officer of Lufthansa Subsidiary BizJet Pleads Guilty to Foreign Bribery Charges

The former president and chief executive officer of BizJet International Sales and Support Inc., a U.S.-based subsidiary of Lufthansa Technik AG with headquarters in Tulsa, Oklahoma, that provides aircraft maintenance, repair and overhaul services, pleaded guilty today for his participation in a scheme to pay bribes to foreign government officials



  • OPA Press Releases

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Lufthansa considers filing for creditor protection as aid talks stall

German airline looks at procedure similar to Chapter 11 bankruptcy amid dispute over bailout conditions




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Carsten Spohr seeks softer landing for Lufthansa

If Berlin agrees a €9bn bailout for the airline, it is likely to want a 25 per cent stake and board seats




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Air France, KLM and Lufthansa make face masks compulsory for passengers amid the coronavirus crisis 

Air France and KLM say they will be asking customers to wear a mask throughout their journey from next Monday. German airline Lufthansa brought in the new rule yesterday (May 4).




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Lufthansa Group airlines to take off again in June with 160 aircraft, 106 destinations

Lufthansa Group on Friday announced that Lufthansa, Eurowings and SWISS will be starting June offer monthly restart schedules to significantly more destinations in Germany and Europe than in the past few weeks. The repatriation schedules will end on May 31.




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Lufthansa Group airlines to take off again in June with 160 aircraft, 106 destinations

Lufthansa Group airlines to take off again in June with 160 aircraft, 106 destinations