Deutsche Lufthansa AG
Lufthansa hopeful Trump administration will spur Boeing deliveries as delays hit bottom line
German airline group Lufthansa is hopeful that the new U.S. administration will support Boeing in overcoming issues that have led to industry-wide delivery delays, CEO Carsten Spohr said Thursday. The company expects 2025 will be the year when it starts to recieve aircraft for which it has been “waiting for so long now,” Spohr told […]
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Air France-KLM pops 16% after profit beat; Europe markets open higher ahead of ECB meeting
European markets opened higher on Thursday as investors look ahead to the latest monetary policy decision of the European Central Bank. Source
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‘Cargojet is expensive’: Short seller bets against Canada’s largest cargo airline
A London-based hedge fund is betting against Cargojet , Canada’s largest cargo airline, citing concerns about the company’s aging fleet, accounting practices, and leadership style. Edgar Allen, founder and chief investment officer of High Ground Investment Management, revealed his firm’s bearish stance on Cargojet during the Sohn investment conference on Nov. 20. The Ontario-based air […]
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Lilium was once a promising ‘air taxi’ startup worth billions. Now it’s on the brink of insolvency
German company Lilium produces flying electric passenger drones. Lilium German aerospace startup Lilium faces insolvency if it doesn’t raise emergency funding from the state government for the southeastern state of Bavaria. Insolvency would mark a dramatic fall for a startup once touted as Europe’s best chance at building the 21st-century equivalent of “cars” that can […]
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Lufthansa fined record $4 million for discriminating against Jewish passengers
Lufthansa airplanes are parked on the tarmac at Frankfurt airport, Germany. Ralph Orlowski | Reuters Germany’s flagship airline has been fined $4 million by the U.S. Department of Transportation over allegations it discriminated against a group of Jewish passengers. The regulator said Tuesday that Lufthansa had prohibited 128 people wearing traditional Orthodox Jewish clothing from […]
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German airline Lufthansa hikes ticket prices by up to $77 due to environmental costs
An Airbus A340-300 and an Airbus A 321-100 belonging to Lufthansa are parked on the airport apron. Helmut Fricke | Picture Alliance | Getty Images German airline firm Lufthansa Group said Tuesday that it would add an “environmental cost surcharge” to ticket prices as soon as this week, which could be as high as 72 […]
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European marketplaces near lessen, with eyes on Israel and Iran fee repricing continues to be in focus
European inventory marketplaces closed decreased on Friday, rounding off a 7 days in which escalating tensions in the Middle East and repricing of interest level anticipations have been in focus. The regional Stoxx 600 index provisionally ended .1% decreased. Immediately after a sturdy start to 2024, the index is heading for its initially regular reduction […]
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Hundreds of analysts slice their cost targets on these 10 stocks ahead of earnings
Analysts have reduced their anticipations on many global stocks this week by slicing their price tag targets. The list of stocks includes automobile stocks Tesla , Rivian and Aptiv , pharmaceutical corporations Biogen and Novartis , energy corporations EQT Corp and TotalEnergies , airline Deutsche Lufthansa and aerospace business Boeing , and quickly meals large […]
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Lufthansa flight attendants to strike on Tuesday and Wednesday
A Lufthansa Airbus A380 plane stands at the gate at the airport prior to departure for Boston. The world’s greatest passenger aircraft is getting off again right after 3 several years on common scheduled support from Munich to Boston. 1258353212 | Picture Alliance | Getty Images Lufthansa’s cabin crew union has called on its associates to […]
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The unlikely return of the Airbus A380 superjumbo jet
ShareShare Write-up via FbShare Short article through TwitterShare Write-up via LinkedInShare Write-up through Email Airbus ended output of its A380 double decker airplane in 2021. When the pandemic grounded most of the world’s passenger planes, some thought it was the close of the significant jet. But submit-pandemic, the A380 superjumbo is going through a comeback. […]
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