Lufthansa seeks to address EU concerns on ITA deal with remedies
By Foo Yun Chee and Ilona Wissenbach BRUSSELS/FRANKFURT (Reuters) -German airline Lufthansa has offered remedies to address EU competition concerns about its bid to buy a minority stake in Italian state-owned ITA…
German investor Kuehne boosts stake in Lufthansa to 10%
ZURICH – German logistics entrepreneur Klaus-Michael Kuehne has increased his stake in Germany’s flag carrier Lufthansa to 10%, Kuehne Holding AG said in a statement on Monday. Kuehne, 84, had earlier boosted…
Lufthansa takes out loan facility of $2.17 billion
BERLIN – Germany’s flag carrier Lufthansa said on Friday it had signed a revolving credit facility of 2.0 billion euros ($2.17 billion) with a syndicate of international relationship banks to boost its…
Lufthansa slashes flights amid Fraport personnel shortages
BERLIN – German flag carrier Lufthansa said it would cancel some domestic flights to Frankfurt from Thursday, an announcement that follows a staffing shortage warning from Germany’s biggest airport operator, Fraport. Lufthansa…
Russian air space closure means millions in extra costs -Lufthansa CEO
BERLIN – Lufthansa Chief Executive Carsten Spohr said routing flights to avoid Russian air space will increase costs for the German flagship carrier by a single-digit million-euro amount per month. “Some long-haul…
Lufthansa to suspend flights to Kyiv, Odessa from Monday
FRANKFURT – Germany’s Lufthansa group is suspending flights to and from the Ukrainian cities of Kyiv and Odessa, a spokesperson said on Saturday amid growing fears of a possible Russian invasion. The…
Lufthansa takes compulsory pilot redundancies off the table
BERLIN – Lufthansa will not impose compulsory job cuts, the German airline said on Friday, as it cuts costs nearly two years into the coronavirus pandemic that left the industry reeling. The…
EasyJet wants more Milan slots if ITA links with Lufthansa – paper
ROME – EasyJet would want more slots at Milan’s Linate airport should carrier ITA team up with Germany’s Lufthansa, the chief executive of the British carrier said, indicating the airline’s commitment to…
Shipping group MSC, Lufthansa offer to buy Alitalia successor
By Francesca Landini and Giulia Segreti ROME – Swiss-based shipping group MSC and German carrier Lufthansa want to buy the majority of Alitalia successor ITA Airways and have asked for an exclusivity…
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