Deutsche Lufthansa AG
Europe stocks open higher; Volvo Cars sheds 10%, Porsche falls 7% after earnings
AstraZeneca shares fall despite earnings growth AstraZeneca’s production plant in Snackviken, Sweden. Roland Magnusson | iStock Editorial | Getty Images British pharmaceutical giant AstraZeneca was 4% lower shortly after the opening bell, after the company posted its first-quarter earnings update. On Tuesday morning, AstraZeneca reported a 10% year-on-year rise in total revenue, which hit $13.59 […]
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5 European stocks to watch this earnings season as Trump’s tariffs hit
Investors are entering 2025’s first-quarter earnings season with a huge cloud of uncertainty hanging over them — thanks primarily to U.S. President Donald Trump’s tariffs. The scale of duties announced in April, along with the volatility injected by subsequent updates and reversals in policy, have so far exceeded even the most bearish forecasts. Negotiators from […]
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Heathrow Airport had enough power to avoid shutdown after fire, Britain’s National Grid says
A reads “Do Not Travel To Heathrow Airport” at Hounslow Central London Underground station on March 21, 2025. Jaimi Joy | Bloomberg | Getty Images Heathrow Airport had enough power to remain open on Friday, after the London hub spent most of the day closed due to a fire at a nearby electrical substation, according […]
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European markets fall as traders digest latest Trump tariff reprieve; Luxury stocks decline
European markets were broadly lower Friday, rounding off a volatile week marked by whipsawing policy on U.S. tariffs, the latest rate cut from the European Central Bank, German fiscal reforms and a regional defense spending boost. The regional Stoxx 600 index was down 0.65% at 10:20 a.m. U.K. time, with retail and household goods stocks […]
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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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