Lufthansa

India to Launch ‘Air Bubble’ Flights to U.S., UAE, France, Germany

India has signed bilateral flight agreements with the U.S. and France, under which airlines of each country will be allowed to operate international flights to and from India starting on Friday. “Air bubble arrangements with the U.S., the [United Arab Emirates], France & Germany are being put in place” by India’s government while similar arrangements […]

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Lufthansa Group Announces Fall Schedule Extension

As countries throughout the world start easing travel restrictions due to the COVID-19 pandemic, airlines have seen an increase in demand for bookings as the year continues. The Lufthansa Group announced that it has published its flight schedules for subsidiary airlines through Oct. 24, the end of the normal summer travel period. Not only does […]

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Lufthansa Shareholders Agree to $10.1 Billion Government Bailout

Deutsche Lufthansa AG shareholders have agreed to support a bailout package from the German government which will assist the airline group to survive in a post-COVID environment. At the ‘Extraordinary General Meeting’ held on Thursday, the €9 billion ($10.1 billion) package which gives the government a 20% stake and two seats on the board was […]

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Lufthansa Bailout at Risk from Billionaire Shareholder

The fate of German carrier Lufthansa’s federal rescue package will be sealed at the company’s Extraordinary General Meeting June 25, when airline’s shareholders will vote on whether to accept the terms in the deal’s current state. Although the bailout has been approved by the state, shareholders still have to give the green light for it. […]

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Air France Ramps Up Flight Schedule as Restrictions Ease

Air France has announced its plan to increase the number of scheduled passenger flights it will offer in the summer as it expects a rise in passenger traffic over the coming period. According to the announcement released on Friday, it will serve passenger flights to nearly 150 destinations in the summer. The dramatic uptick will […]

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German Airline Condor Announces Staff Reductions

The COVID-19 pandemic will claim more jobs in the airline industry. German low-cost carrier Condor Airlines has announced that it will be reducing its staff load by 15-25%, an airline executive has announced in an interview with German newspaper Frankfurter Allgemeine Sonntagszeitung. The move will affect between 650 and 1,000 jobs at the company. Specific […]

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Lufthansa Set to Slash 22,000 Jobs Amid Coronavirus Outbreak

Lufthansa plans to cut thousands of jobs in response to the financial turmoil caused by the coronavirus pandemic. Despite the airline agreeing on a €9 billion ($9.8 billion) bailout package with the government, 22,000 jobs are at stake as the company announced on Wednesday after a bargaining summit with the unions: Cockpit, UFO and Verdi. […]

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Austrian Airlines Takes Financial Recovery Package

As the list of airlines that have received government-backed financial support grows during the COVID-19 pandemic, Austrian Airlines has announced that it will be the newest member of this group. In a press conference, the Vienna-based carrier announced that they would receive a total of 600 million euros ($677 million) in financial aid. This aid […]

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Lufthansa Group Announces Government Support for Financial Aid

German-based Lufthansa Group announced that the German government had approved a large financial stabilization package for the airline group in response to the COVID-19 pandemic. The total package will equate to about 9 billion euros ($9.8 billion) for the operating group. Along with Germany, Lufthansa owns airlines in Austria, Switzerland and Belgium. This announcement comes […]

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Berlin-Tegel Airport To Close for Two Months Beginning June 15

The shareholders’ meeting for Berlin Brandenburg and Federal Airports (FBB) decided last Wednesday that Berlin-Tegel Airport will close down for a two-month period starting of June 15. As the set date for reopening approaches, the shareholders will make the decision whether to reopen the airport or whether to keep it closed. Due to the collapse […]

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