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.

A strike by flight attendants forced Lufthansa to cancel 1,300 flights on Thursday and Friday, disrupting the travel plans of 180,000 customers.

Strike forces Lufthansa to cancel 1,300 flights

Operating profit for Lufthansa Group dipped slightly in the third quarter from a year ago in the face of higher fuel costs and subpar performance at Austrian Airlines, Brussels Airlines and Lufthansa Cargo, which also announced plans Thursday to purchase two more Boeing 777 freighters.

More Efficient Freighters To Help Lufthansa After Soft Q3 Earnings

German airline Lufthansa cancels 1,300 flights stranding 180,000 passengers as cabin crew go on strike. Lufthansa strikes cripple transport in Germany.

Why Are So Many Airlines Striking?—As Lufthansa Cabin Crew Walkout Leads To 1,300 Flight Cancelations

Lufthansa is ready to go into arbitration to resolve a long-running staff dispute, the CEO of Germany's largest airline said on Thursday, as a walkout by flight attendants disrupted travel plans of tens of thousands of passengers.

Lufthansa ready for arbitration as cabin crew strike begins

German airline Lufthansa  announced plans on Thursday to cut costs at its Austrian Airlines, Brussels Airlines and Lufthansa Cargo businesses to revive profits but faces a fresh challenge to its efforts with a cabin crew strike this week.

Lufthansa to cut more costs, as cabin crew strike over pay

German airline Lufthansa  is only interested in investing in struggling Italian airline Alitalia [CAITLA.UL], which is running out of cash and racing to find new funds, once it has been restructured, its chief executive said on Thursday.

Lufthansa only interested in 'restructured' Alitalia: CEO

Lufthansa  flight attendants went on a 48-hour strike over pay and pensions on Thursday, forcing the biggest German airline to cancel hundreds of flights.

Lufthansa cancels 650 flights on first day of cabin crew walkout

After a German court dismissed an injunction filed by Lufthansa on Nov. 6 against UFO, a union representing cabin crew, the airline has canceled about 1,300 flights as it prepares to weather a 48-hour strike.

Lufthansa Cabin Crew Strike Forces Flight Cancellations

A two-day strike by Lufthansa  cabin crew was set to begin on Thursday after a German court ruled late on Wednesday against management's efforts to stop it.

Lufthansa crew strike set to go ahead on Thursday after court ruling

Lufthansa  said its Chief Executive Carsten Spohr had invited representatives of three unions for talks on a wage dispute that threatens to ground the airline's German fleet for 48 hours from late on Wednesday.

Lufthansa invites unions for talks ahead of planned strike

Lufthansa , Germany's biggest airline, has filed a motion with a Frankfurt court to prevent a flight attendants' strike scheduled for this week, a company spokeswoman said on Tuesday.

Lufthansa files motion to prevent cabin crew strike: spokeswoman

Flights attendants' union UFO on Monday called for two days of strike at Lufthansa  later this week, citing an ongoing labor dispute with Germany's largest airline.

German cabin crew union UFO calls for two days of strike at Lufthansa

Lufthansa has confirmed to FreightWaves that the cabin crew strike scheduled for Oct.

Lufthansa Strike Still Scheduled

Lufthansa  has no plans to acquire insolvent British travel company Thomas Cook , the airline told German newspaper Die Welt on Monday.

Germany Lufthansa not interested in Thomas Cook bid: Die Welt

Currently, environmentalism seems to be en vogue all around the world, including in Germany.

A German Tax On Cheap Flights Would Benefit Lufthansa More Than It Would The Environment

German carrier Lufthansa  will continue to fight for market share in the hotly contested market for short-haul flights, where it is determined to compete with budget airlines such as Ryanair , its chief executive said.

Lufthansa will hold its ground in short-haul price war: CEO

Lufthansa Cargo posted weak earnings for the first half of 2019, citing lower economic growth and trade conflicts for its lackluster performance.

Lufthansa Cargo Posts Weak Earnings As Trade Uncertainty Continues

Deutsche Lufthansa AG (DLAKF) Q2 2019 Results - Earnings Call Transcript

German airline Lufthansa  said it was braced for very tough price competition with Ryanair  and easyJet  for at least the rest of this year as it reported a plunge in second-quarter earnings on Tuesday.

Lufthansa braces for more challenges after price war hits earnings

German airline Lufthansa  is considering adopting a corporate holding structure to simplify its operations, improve profitability and regain the support of investors, newspaper Handelsblatt reported on Monday.

Lufthansa considers holding structure: Handelsblatt

German airline Lufthansa  expects passenger numbers to rise about 4% this year, its chief executive told a newspaper, playing down talk that public support for teenage climate activist Greta Thunberg might be curbing air travel.

Lufthansa CEO sees no 'Greta Effect' on passenger numbers

Airbus SE

Lufthansa will look at ordering Airbus's new long-range A321XLR jets, Chief Executive Carsten Spohr said on Monday but added that he did not think the new model was a game changer.

Lufthansa will look at new Airbus A321XLR, but it's no game-changer: CEO

Lufthansa's budget airline Eurowings will aim to cut costs by 15% over the next three years and focus on short-haul flights as part of a plan to return to profit by 2021, the German carrier said on Monday.

Lufthansa eyes cost cuts to return Eurowings to profit

German carrier Lufthansa announced a turnaround plan for Eurowings on Monday, saying its budget unit would in future focus on short-haul flights and seek a 15% cut in unit costs by 2022 in a bid to return to profit.

Lufthansa announces turnaround plan for budget unit Eurowings

German carrier Lufthansa on Monday said it would start pegging its dividend payout ratio to net profit in the future, adding this would give the group, which issued a profit warning a week ago, more flexibility.

News for Deutsche Lufthansa AG Stock (DLAKY)