Hints and tips:
...The leader of Germany’s main industry association has slammed the German government’s energy policies as “absolutely toxic”, in a sign of declining business confidence in chancellor Olaf Scholz’s stewardship...
...Deutsche will from 2025 run the German credit card business of Lufthansa’s frequent-flyer loyalty programme, known as Miles & More....
...Growing instances of strikes by airport personnel are set to hit Lufthansa’s profit growth in 2024, leading the German carrier to lower its full-year outlook on margins....
...Lufthansa’s Carsten Spohr agreed, and added that the German carrier used to fly directly to 14 destinations in south-east Asia, but now only flies to Singapore and Bangkok....
...People close to the talks between Brussels, Lufthansa and Rome said the German carrier offered to give up certain airport slots at Milan Linate, but the EU asked for further concessions on the number of...
...Big movers on the (record setting) European equity markets today include emerging markets-focused bank Standard Chartered, German airline Lufthansa and Swiss industrial group Georg Fischer....
...Lufthansa reported the “highest revenue and profit ever achieved in one summer” as the German airline said that holiday travellers have kept spending on first-class tickets despite spiralling prices....
...Lufthansa has reported “record” sales and profits over the summer, as travellers continue flying despite several airlines raising ticket prices....
...German tuning company Klassen has been modifying both the Mercedes-Benz V-Class and Sprinter vans for more than two decades....
...Lufthansa: Shares in the German airline slipped 1.4 per cent after brokers at Citigroup cut their target price for the company and lowered its rating to sell from neutral....
...It is the latest in a series of rulings covering everything from Swedish “net zero” milk, German “climate neutral” heating oil and Austrian Airlines’ “carbon-neutral” flights, which have all fallen foul...
...The crisis spurred the German government to offer Lufthansa a €9bn bailout package, amid wider concern for the future of the airline industry....
...The airline was offered a €9bn bailout package by the German government amid concern for the future of the airline industry during the pandemic. It has since repaid the money....
...Lufthansa has expanded from its German roots and hoovered up other central and northern European airlines and also owns Swiss, Austrian Airlines and Brussels Airlines....
...Lufthansa will integrate ITA with the other carriers in the broader group, including Eurowings, Swiss, Brussels Airlines and Austrian Airlines, as well as the core German flag-carrier....
...On Thursday, the German flagship carrier Lufthansa offered its pilots a significant pay rise, as it sought to avert strikes during the busy summer holiday season....
...EU regulators approved €6bn in state aid to help Lufthansa as the German government sought to acquire a 20 per cent stake in the bloc’s largest airline to prevent its collapse....
...Lufthansa posted operating profit of €1.5bn last year, marking a turnround in the fortunes of the airline that its chief executive described as “unprecedented”....
...Lufthansa Group encompasses Austrian, Swiss, Brussels Airline and Eurowings as well as the core German flag-carrier....
...This is a bad look even though the German government has sold shares acquired in Lufthansa during a rescue whose cost the airline has now repaid. The bailout is fresh in German memories....
...Lufthansa raised its full-year profit guidance by 50 per cent as it forecast continued strong demand for air travel. Shares in the German airline rose more than 4 per cent....
...Lufthansa added 5 per cent after the German carrier said its passenger numbers doubled in 2022 to 100mn and after it doubled its revenues to €32.8bn over the period....
...Lufthansa on Friday became the latest airline to report an annual profit and strong demand for travel despite weaknesses in the global economy....
...The German airline, which earlier this month said it would double its full-year outlook on adjusted earnings before interest and taxes to €1bn, added that the ongoing disruption in global supply chains meant...
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