Lufthansa Group doubles net profit to $2.1bn
Lufthansa Group has doubled its net profit from €791 million ($862 million) to €1.67bn ($2.1bn) for the full year of 2023. Total revenue increased from €30.9bn ($33.7bn) to €35.4bn ($38.58bn). ""Wi...
Lufthansa Group has doubled its net profit from €791 million ($862 million) to €1.67bn ($2.1bn) for the full year of 2023. Total revenue increased from €30.9bn ($33.7bn) to €35.4bn ($38.58bn). ""Wi...
The Lufthansa Group’s newest subsidiary, Lufthansa City Airlines, has confirmed its first destinations prior to the launch of operations in summer 2024. The airline will initially serve Hamburg, Br...
The Lufthansa Group is conducting a reorganisation of its executive board, including reducing its members from six to five, in a move that coincides with the departure of four of the board’s present m...
Lufthansa Group has selected Viasat to equip more than 150 additional aircraft - across its Lufthansa, SWISS, and Austrian Airlines fleets - with the European Aviation Network (EAN) in-flight connecti...
The Lufthansa Group has ordered 40 737-8 aircraft from Boeing with 60 options and an additional 40 A220-300s. This order will restore the 737 family into its fleet (with the last 737 delivery having b...
Aviator Airport Alliance, an aviation services provider, announced its expansion of a strategic collaboration with Lufthansa Group. The expanded arrangement will extend until November, 2026. The expan...
Lufthansa Group’s newest airline, City Airlines, is commencing recruitment for aircrew positions as it prepares for its operational launch in summer 2024. “We are getting started and creating prospect...
Edelweiss Air will launch direct routes from Zürich, Switzerland, to Kuusamo and Ivalo airports starting February 2, 2024. Both routes will be flown once a week every Fridays as a part of its 2023-24 ...
Lufthansa Group and the Vereinigung Cockpit pilots’ union have reached a significant long-term collective agreement. The new agreement will increase at least 18% in basic pay over the next three-and-a...
Lufthansa Group reported second quarter (Q2) revenue at €9.4bn with an increase of 17% over Q2 of 2022. The Group had reported a revenue of €8bn in Q2, 2022. The operating result (adjusted EBIT) incre...
Lufthansa Group has partnered with HCS Group to produce Sustainable Aviation Fuel (SAF) in Speyer, Germany. Starting 2026, the HCG Group will supply the Lufthansa Group with SAF produced from its site...
ITA Airways has undergone a major reshuffle in its board on the heels of Lufthansa Group’s entry into its governing structure. ITA Airways chief executive Fabio Lazzerini has stepped down while the cu...
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