June 26, 2020 2:59 am ET
June 11, 2020 1:57 pm ET -
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…
June 8, 2020 11:15 pm ET -
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…
May 26, 2020 2:11 pm ET -
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…
May 24, 2020 8:00 am ET -
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…
May 24, 2020 6:00 am ET -
Emirates President Says Airline Will Revive its Airbus A380 Fleet
Even before the COVID-19 pandemic, the fate of the A380, the world’s largest passenger plane ever built, was sealed. Most of the operators of the double-decker giant had already planned the gradual demise of the superjumbo. In February 2019, Airbus…