Deutsche Lufthansa AG

Earnings data Q1 2021

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Deutsche Lufthansa AG engages in the provision of passenger, freight, and cargo airline services. It operates through the following segments: Network Airlines, Eurowings, Logistics, Maintenance Repair Overhaul, Catering and Additional Businesses and Group Functions. The Network Airlines segment comprises Lufthansa German Airlines, SWISS, and Austrian Airlines. The Eurowings segment focuses on the growing market for european direct sales. The Logistics segment consists of scheduled airfreight activities of the Lufthansa Cargo group. The Maintenance Repair Overhaul segment is involved in the provision of maintenance, repair, and overhaul services for civilian commercial aircraft. The Catering segment is engaged in providing airline catering. The company was founded on January 6, 1926 and is headquartered in Cologne, Germany.

Many passengers on domestic routes within Germany are being offered train travel as an alternative to their canceled flights.

Lufthansa canceled almost all its flights from 2 of Germany's biggest airports for a day as strikes deepen Europe's airline chaos

BERLIN (AP) — Lufthansa says it will have to cancel almost all flights at its main Frankfurt and Munich hubs on Wednesday because of a strike by its German ground staff, affecting tens of thousands of passengers in the latest travel turmoil to hit Europe.

Lufthansa to cancel almost all of flights in Frankfurt and Munich due to a strike

The union representing 20,000 Lufthansa ground staff demands higher wages to counter inflation, and as they have been overworked amid staff shortages.

Union calls on 20,000 Lufthansa ground staff to strike at Germany's airports, adding to Europe's travel chaos

Deutsche Lufthansa said it was cancelling more than 1,000 flights ahead of a one-day walkout by ground staff scheduled for Wednesday, just as families across Germany head off on their summer holidays.

Lufthansa cancels over 1,000 flights due to ground staff walkout

German trade union Verdi has called on ground staff at Deutsche Lufthansa to go on strike on Wednesday amid a wage dispute, it said in a statement on Monday.

German union calls on Lufthansa ground staff to walk out on Wednesday

Airbus SE

International Consolidated Airlines Group SA

LATAM Airlines Group SA Sponsored ADR

European airplane manufacturer Airbus and more than a half dozen airlines said on Monday they had signed letters of intent to discuss buying carbon removal credits to offset the emissions from air travel.

Airbus, airlines to explore carbon capture technology

BERLIN (Reuters) -Lufthansa is cancelling an additional 2,000 flights from Frankfurt and Munich this summer, the German flagship carrier said on Wednesday, citing staffing shortages at airports as well as industrial action and the ongoing COVID-19 pandemic.

Lufthansa cancels 2,000 additional flights

German logistics entrepreneur Klaus-Michael Kuehne has increased his stake in Lufthansa to 15% from 10%, Lufthansa said late on Wednesday, making him the biggest shareholder in the German flag carrier.

German investor Kuehne boosts stake in Lufthansa to 15%

Lufthansa staff have called on the German flag carrier to end its "cost-cutting craziness", accusing the airline of mismanagement and contributing to the recent chaos at airports by laying off too many workers.

Lufthansa staff call for an end to cost-cutting amid airport chaos

The A380 fell out of favor with some airlines when the pandemic hit, but many are now dusting off the cobwebs and restoring the jet to service.

Lufthansa is bringing back its beloved A380 jet next year, reversing a pandemic-era decision. Here are the airlines that have resumed flying the plane since 2020.

Lufthansa saw significant free cash flow boost from net new bookings. Reactivation of Airbus A380 shows strong demand environment and supply chain driven delays at OEMs.

Lufthansa Surprises As Demand Heats Up

Deutsche Lufthansa's Swiss business said on Tuesday it would cut about 2% of its flights scheduled between August and October because of labour shortages, strikes and rising COVID-19 infections.

Lufthansa's Swiss unit to cut 2% of flights between August and October

Lufthansa chief executive Carsten Spohr has become the first airline boss to admit to failings that may have exacerbated the current travel chaos in Europe.   Spohr apologised in a letter to Lufthansa staff, suggesting that the airline may have gone too far in cost-cutting efforts, according to Reuters.

Lufthansa boss says job cuts are contributing to travel chaos

Lufthansa Chief Executive Carsten Spohr apologised to its employees and customers on Tuesday for travel chaos caused by labour shortages as demand has soared during the summer amid the lifting of COVID-19 restrictions.

Lufthansa CEO apologises for summer travel chaos

German airline Lufthansa said it plans to bring back its double-decker Airbus A380 jumbo jets for summer 2023. At the same time, executives warned of more chaos in the coming weeks.

Lufthansa To Bring Back A380s; Warns More Air Travel Chaos Ahead

FRANKFURT (Reuters) -German airline group Lufthansa plans to fly the Airbus A380 again from summer 2023, it said on Monday, joining other carriers to announce a comeback for the superjumbo.

Lufthansa joins airlines planning to bring A380 back into service

Lufthansa does not expect its global airline operations to return to normal until 2023 after staff shortages and booming demand amid the lifting of COVID-19 restrictions forced it to cancel some flights, Die Welt newspaper reported on Saturday.

Lufthansa expects flight operations to return to normal in 2023 - Welt

Lufthansa is to cut over 3,000 flights this summer due to staff shortages on account of Covid-19 and strikes. Germany's flagship airline is cancelling both domestic and European routes for July and August, adding to Europe's travel chaos right in the midst of the crucial summer vacation period.

Lufthansa set to cancel 3,000 flights this summer over staff shortages

BERLIN (Reuters) -German trade union ver.di is demanding a 9.5% pay rise, or at least 350 euros ($368) per month more over 12 months, for Lufthansa ground staff to cushion the effects of soaring inflation, it said on Wednesday.

German union demands 9.5% pay rise for Lufthansa ground staff

Lufthansa is joining other airlines including Delta, JetBlue, Alaska, and British Airways that have cut their summer schedules amid soaring demand.

German airline Lufthansa is canceling 900 flights in July because of staff shortages

DALLAS--(BUSINESS WIRE)--Kibo, the leader in unified commerce, today announced that the Lufthansa Group, one of the world's leading airline groups, selected Kibo Personalization, powered by Monetate and Certona, to personalize and optimize web and app experiences across communications for both online visitors and passengers. The Lufthansa Group, whose network airlines branch includes Austrian Airlines, Brussels Airlines, Lufthansa and SWISS, will leverage Kibo Personalization to deliver a consi

Lufthansa Group Selects Kibo To Provide Engaging Personalized Digital Experiences

Germany's Lufthansa wants to acquire a 20% stake in state-owned Italian airline ITA Airways, the successor to Alitalia, and its cooperation partner MSC is bidding for a 60% stake, a person familiar with the matter told Reuters on Tuesday.

Lufthansa bids for 20% stake in ITA Airways -source

Boeing

Lufthansa Chief Executive Carsten Spohr said on Thursday the German airline strongly backs U.S. airplane manufacturer Boeing Co, which has faced criticism over program delays.

Lufthansa backs Boeing, says manufacturer 'will get back to its feet'

German trade union Verdi said on Wednesday it had terminated the collective pay agreement for ground staff at the country's flag carrier Lufthansa from June 30, citing high energy prices and an overall increase in costs of living.

German union Verdi cancels pay deal for Lufthansa ground staff

German flag carrier Lufthansa said on Tuesday it sees no further significant restructuring costs this year, a relief after reorganisation efforts amid the COVID-19 pandemic weighed on its results in late 2020 and throughout 2021.

News for Deutsche Lufthansa AG Stock (DLAKY)