About: Lufthansa

Aviation 22-09-2020

Lufthansa eyes more job cuts, as monthly losses top €500m

Lufthansa said Monday it will slash more jobs on top of 22,000 previously announced cuts and put more planes out of service with current losses running at some €500 million.
Aviation 13-07-2020

Vestager hails KLM’s ‘very good’ €3.4bn bailout

The European Commission has approved the Dutch government’s €3.4 billion support package for national airline KLM, despite criticism levelled at conditions linked to pay cuts.
Competition 01-07-2020

Coronavirus prompts airline nationalisation spree

Portugal and Italy are both flirting with bringing their flag-carrying airlines under state-ownership to combat the economic hardships caused or exacerbated by the global pandemic.
Aviation 26-06-2020

Dutch government unveils KLM rescue plan

The Netherlands' national airline, KLM, is set for a €3.4 billion bailout package should it meet certain employment, financial and sustainability targets, the Dutch government announced on Friday (26 June). It still requires regulatory approval from Brussels.
Aviation 25-06-2020

Lufthansa’s €9bn mega-bailout cleared for takeoff

Lufthansa shareholders and the European Commission both approved Berlin’s €9 billion rescue package on Thursday (25 June), as the German airline continues to struggle to ride out the economic slump caused by the coronavirus.
Aviation 23-06-2020

Lufthansa, Berlin in eleventh hour bailout rescue attempt

The German government leapt into action Monday (22 June) to rescue a proposed €9 billion coronavirus bailout for Lufthansa that has run into resistance from a billionaire shareholder.
Aviation 11-06-2020

Virus-hit Lufthansa to haemorrhage 22,000 jobs

German airline Lufthansa said Thursday (11 June) that it would have to slash 22,000 full-time jobs as it predicts a muted recovery in demand for travel following the coronavirus pandemic.
Aviation 10-06-2020

The green compromise in the Austrian Airlines bailout

After weeks of negotiations, it is now set: Austrian Airlines (AUA) is saved from insolvency by the Black-Green government. For the Greens, who are in a governing coalition in Austria for the first time, it was a difficult litmus test. EURACTIV Germany reports.
Aviation 02-06-2020

Lufthansa board gives green light to €9bn bailout

The supervisory board of German airline Lufthansa voted on Monday (1 June) in favour of the government's €9 billion aid package, after the European Commission compromised on its conditions for approving the bailout.
Competition 29-05-2020

Vestager defends EU approach to Lufthansa mega bailout, as carrier agrees terms

EU competition chief Margrethe Vestager said on Friday (29 May) that the European Commission was not creating unnecessary obstacles to Lufthansa's €9 billion bailout, shortly before the carrier agreed to accept the Commission's set of conditions.
Aviation 28-05-2020

Lufthansa board baulks at EU bailout terms

The board of German airline Lufthansa refused to accept the conditions of a €9 billion aid package on Wednesday (27 May), citing the European Commission's reported requirement that the carrier give up some airport slots at two of its major hubs.
Aviation 27-05-2020

Ryanair challenges Lufthansa’s bailout package

Low-cost carrier Ryanair challenged Germany's €9 billion rescue package for Lufthansa on Tuesday (26 May), saying it distorted competition, while the German carrier moves towards finalising the deal next month.
Economy & Jobs 26-05-2020

German and French NGOs call on governments to make green investments

One day before the EU Commission presents its long-awaited proposal for an EU reconstruction programme, a group of German and French civil society organisations has sent a letter to their respective governments. EURACTIV Germany reports.
Aerospace 25-05-2020

Death of an aviation giant, as A380 feels virus bite

Coronavirus has hastened the demise of the Airbus A380 - the world’s largest airliner - as the aviation industry scrambles to adapt to lower demand for air travel, which has essentially made the double-decker super-jumbo a plane out of time.
Economy & Jobs 20-05-2020

Germany still hesitating to link stimulus packages with climate targets

France, the Netherlands and Austria want to put environmentally friendly conditions on aid for corporations. In Germany, companies themselves are calling for a climate stimulus package, yet Economy Minister Peter Altmaier is hesitating. EURACTIV Germany reports.
Aviation 12-05-2020

Brussels Airlines to cut staff, fleet and destinations

Brussels Airline announced a major restructuring of its business on Tuesday (12 May), including job cuts that could affect 1,000 employees, a reduction in fleet size and a smaller network of destinations.
Aviation 30-04-2020

Austria’s Greens defend airline bailout climate-strings against EU Commissioner

A state aid request by Austrian Airlines could be an opportunity to make the carrier more sustainable. But climate conditioning bailouts was recently given short shrift by the EU's transport Commissioner, who is "undermining the Green Deal", according to Austria's Greens. EURACTIV Germany reports.
Aviation 09-04-2020

Lufthansa super-jumbos fall victim to virus as airline bailouts loom

German flag-carrier Lufthansa will send six of its 14 A380s - the world’s largest commercial airliner - into early retirement, due to massive disruption caused by the coronavirus outbreak. The decision comes just as airlines gear up to request bailouts from governments.
Aviation 20-01-2020

Lufthansa attempts to resurrect Serbia-Kosovo air link

Europe’s largest airline, Lufthansa, signed an agreement in Berlin on Monday (20 January) to operate direct flights between Serbia and Kosovo's capitals, in a move welcomed by diplomats and politicians eager to see further rapprochement between the erstwhile foes.
Competition 22-12-2017

Lufthansa’s Air Berlin buyout secures EU blessing

German carrier Lufthansa clinched EU approval on Thursday (21 December) for its scaled back bid to snap up assets of bankrupt Air Berlin, a European Union statement said.
Transport 07-06-2016

Commission wants aviation deals with growing markets by 2019

European Commission will start negotiating comprehensive aviation agreements with United Arab Emirates, Qatar, Turkey, and countries from the Southeast Asia region, after member states gave the green light on Tuesday (6 June).
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