The Business Times

Lufthansa

Transport & Logistics

Lufthansa announces 4,000 job cuts and higher profitability targets

Analysts said they expected the market would continue to put pressure on Lufthansa to show it can build a more efficient group.
Transport & Logistics

Lufthansa to cut thousands of jobs in pursuit of efficiency

Lufthansa reported an operating profit of 871 million euros (S$1.29 billion), compared with 805 million euros expected, according to an analyst poll compiled by the airline.
Companies & Markets

Lufthansa reports higher-than-expected Q2 earnings

FILE PHOTO: Lufthansa planes stand parked as Frankfurt airport is closed to passengers with planned departures due to a strike organised by Verdi union, in Frankfurt, Germany, March 7, 2024. REUTERS/ Kai Pfaffenbach/File Photo
Companies & Markets

Lufthansa confirms 2025 outlook, braces for possible trade fallout

FILE PHOTO: An Airbus A320-214 passenger aircraft of Lufthansa airline, takes off from Malaga-Costa del Sol airport, in Malaga, Spain, May 3, 2024. REUTERS/Jon Nazca/File Photo
Transport & Logistics

Lufthansa 2024 profits dive amid strikes, rising costs

Lufthansa now has operational control of ITA, even if Italy - which previously had a 100 per cent stake - retains the right of review over strategic decisions.
International

Italy and Lufthansa seal ITA Airways deal

Lufthansa's job cuts, which would be carried out via fluctuation and automation, would impact 400 positions.
Transport & Logistics

Lufthansa plans to cut admin jobs by 20%

FILE PHOTO: A new Italia Trasporto Aereo (ITA) plane with the state airline's blue livery is seen at Fiumicino airport before a news conference to present the new fleet, in Rome, Italy, March 1, 2022. REUTERS/Remo Casilli/File Photo
Transport & Logistics

Italy puts ITA-Lufthansa deal on hold due to price dispute

FILE PHOTO: Lufthansa planes stand parked as Frankfurt airport is closed to passengers with planned departures due to a strike organised by Verdi union, in Frankfurt, Germany, March 7, 2024. REUTERS/ Kai Pfaffenbach/File Photo
Transport & Logistics

Lufthansa reports 9% decline in Q3 profit as core brand struggles

Europe’s relationship with China is being buffeted by worsening trade tensions, as the EU seeks to target what it says are unfair subsidies and other support that Beijing provides to its companies.
Transport & Logistics

Europe’s airlines dial up pressure in face of Chinese threat

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