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Belgian airports to cancel flights on Wednesday due to national strike

By Marine Strauss BRUSSELS, Nov 8 (Reuters) - Belgium's largest airport will cancel close to half of its flights on Wednesday while no flight will depart Ryanair's RYA.I hub in Charleroi as trade unions protest against diminishing purchasing power. Brussels Zaventem airport, which saw around 2 million travellers in September, said it expected "serious service disruptions" due to the strike and that a large number of flights were cancelled or rescheduled to avoid long waiting times and delays.
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Sale of Lufthansa Technik stake draws interest from financial investors - source

(Recasts with source on investor interest) BERLIN, Sept 15 (Reuters) - Lufthansa's LHAG.DE plan to sell a stake in its aircraft maintenance business Lufthansa Technik has drawn more interest from financial investors than rival engineering firms, a source told Reuters on Thursday. Lufthansa was more likely to opt for a stake sale of around 20-30% than the alternative of launching an initial public offering, the source added.
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Kuehne raises Lufthansa stake to 17.5% as Germany sells remaining shares

BERLIN/ZURICH, Sept 14 (Reuters) - Logistics entrepreneur Klaus-Michael Kuehne has increased his stake in Lufthansa LHAG.DE to 17.5%, Kuehne Holding said on Wednesday, after the German government sold all its remaining shares in the airline. "This underlines Kuehne Holding's positive view of the company," Kuehne Holding added in a statement to Reuters.
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Lufthansa 100% privately owned again after COVID bailout

BERLIN, Sept 14 (Reuters) - The German government has sold all of its remaining shares in Lufthansa LHAG.DE , the airline said on Wednesday, meaning that the company is now back in the hands of private investors after a state bailout kept it afloat during the COVID-19 pandemic. Writing by Rachel More Editing by Madeline Chambers
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Lufthansa, pilots reach wage deal, strike called off

FRANKFURT, Sept 6 (Reuters) - German airline Lufthansa LHAG.DE and pilots' union VC said on Tuesday they had reached a deal in a wage dispute, averting a second strike that had been planned for later this week. The agreement comes after a strike at Lufthansa last week forced the cancellation of hundreds of flights, further plaguing a summer of travel chaos.
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Lufthansa pilots to strike again this week, union says

FRANKFURT, Sept 6 (Reuters) - Pilots at German airline Lufthansa LHAG.DE will strike again this week, a labour union said on Tuesday, escalating a wage dispute that will further plague a summer of travel chaos. It follows a strike last week that forced the cancellation of hundreds of flights. The strike would affect pilots of both passenger and cargo divisions of the airline, said the union, Vereinigung Cockpit (VC), which groups more than 5,000 pilots.
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Lufthansa : 800 flights to be cancelled Friday

BERLIN, Sept 1 (Reuters) - About 800 flights in Frankfurt and Munich will be cancelled on Friday due to a pilots strike, with 130,000 passengers likely affected, said Germany's flagship carrier Lufthansa LHAG.DE . The airline added that some flights on Thursday will also be cancelled and that it could not rule out individual flight cancellations or delays over the upcoming weekend as well.
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European shares get September off to bad start as rate hike concerns grow

* EZ factory Aug activity shrinks as consumers stay cautious * Durex maker Reckitt announces sudden CEO departure * Miners lead losses; China's Chengdu locks down 21.2 mln people * German retail sales unexpectedly rise in July By Anisha Sircar and Shreyashi Sanyal Sept 1 (Reuters) - European stocks got September off to a weak start on Thursday, falling to seven-week lows on deepening worries about economic growth, aggressive interest rate hikes and record-high inflation.
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Lufthansa to cancel 800 flights on Friday due to pilots' strike

* 130,000 passengers likely affected by strike on Friday * Talks needed now - airline spokesperson * Stocks tumble after strike announced (Releads with figures) BERLIN, Sept 1 (Reuters) - Germany's Lufthansa LHAG.DE said it will have to cancel 800 flights on Friday, likely affecting 130,000 passengers, after the pilots' union announced a one-day strike.
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Oil drops with dollar on recession fears; Wall Street ends mixed

* Oil hits pre-Ukraine lows as demand outlook worsens * Bank of England expects recession throughout 2023 * Treasury yield curve inversion deepens * Dollar drops; sterling slides against euro By Kevin Buckland OTTAWA, Aug 4 (Reuters) - Crude oil sank with Treasury yields and the dollar on Thursday as recession worries intensified following the Bank of England's warning of a drawn-out downturn and ahead of key a hotly anticipated U.S.
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Italy asks bidders to recast proposals for Ita Airways

ROME, Aug 4 (Reuters) - Italy has asked bidders willing to take over Ita Airways to come up with improved proposals, the economy minister said on Thursday, because the government does not deem the current bids to be sufficient. Neither of the two rival bids currently fully met the government's goals for the privatisation of the company, Economy Minister Daniele Franco told a news conference.
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Oil drops with dollar on recession fears; Wall Street wobbles

* Bank of England expects recession throughout 2023 * Treasury yield curve inversion deepens * Dollar drops; sterling slides against euro * Oil hits pre-Ukraine lows as demand outlook worsens By Kevin Buckland OTTAWA, Aug 4 (Reuters) - Crude oil sank with Treasury yields and the dollar on Thursday as recession worries intensified following the Bank of England's warning of a drawn-out downturn, which sent sterling tumbling versus the euro.
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Italy asked bidders to provide better proposals for Ita Airways

(Fixes time reference in final paragraph) ROME, Aug 4 (Reuters) - Italy has asked bidders willing to take over Ita Airways to formulate better proposals, the economy minister said on Thursday, because the government does not deem the current bids to be sufficient. Economy Minister Daniele Franco told a news conference neither of the two rival bids currently fully met the government's goals for the privatisation of the company.
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Wall Street slides with bond yields as recession worries flare

* Bank of England expects recession throughout 2023 * Treasury yield curve inversion deepens * Dollar follows U.S. yields lower; sterling slides * Oil resumes decline as demand outlook worsens By Kevin Buckland OTTAWA, Aug 4 (Reuters) - Wall Street stocks slipped on Thursday while Treasury yields eased with oil as recession worries intensified among investors following the Bank of England's warning of a drawn-out downturn, which nudged sterling to a one-week low.
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Sterling falls as BoE expects recession, U.S. futures up

* Bank of England hikes rates by 50 basis points * BoE expects recession throughout 2023 * Fed official: 50bp hike in Sept "reasonable" * Oil stabilises after hitting six-month low * Lufthansa returns to operating profit * Credit Agricole sees profits jump By Huw Jones LONDON, Aug 4 (Reuters) - Sterling fell on Thursday after the Bank of England followed its counterparts in the United States and euro zone with a hefty hike in interest rates to quell inflation, saying Britain faces a lengthy rece
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Stocks steady as markets bet on hefty Bank of England hike

* Market bets on 50bp hike by Bank of England * Fed official: 50bp hike in Sept "reasonable" * Oil rebounds from six-month low * Lufthansa returns to operating profit * Credit Agricole sees profits jump By Huw Jones LONDON, Aug 4 (Reuters) - Strong earnings at Credit Agricole and Lufthansa lifted stocks on Thursday as tension over Nancy Pelosi's visit to Taiwan eased and markets bet the Bank of England will hike interest rates by the largest amount since 1995 to quell inflation.
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Lufthansa limits flight offerings in Q3 amid travel chaos

BERLIN, Aug 4 (Reuters) - Germany's Lufthansa LHAG.DE said on Thursday it would offer only around 80% of pre-crisis passenger capacity in the third quarter, less than previously planned, amid staffing shortages at airports and airlines. The airline industry, particularly in Europe, has struggled to cope with the rapid rebound in demand, with huge queues building at many airports because of staff shortages, prompting last-minute cancellations and frustration by holidaymakers.
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Lufthansa ground staff walk out in Germany in pay dispute

By Frank Simon and Timm Reichert FRANKFURT, July 27 (Reuters) - Ground staff at Deutsche Lufthansa LHAG.DE went on strike early Wednesday, prompting the cancellation of more than 1,000 flights, and adding to travel disruptions during the busy summer travel season. Labour union Verdi had called for the walkout, which is due to run until 6 a.m. (0400 GMT) on Thursday, over its demand for a 9.5% pay hike for around 20,000 workers and warned that more industrial action could be on the cards.
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Lufthansa ground staff start walkout in Germany in pay dispute

BERLIN, July 27 (Reuters) - Ground staff of Deutsche Lufthansa LHAG.DE went on a strike early on Wednesday, prompting the cancellation of more than 1,000 flights and adding to travel disruptions during the busy summer travel season. Labour union Verdi had called for the walkout, which is due to run until 6 am (0400 GMT) on Thursday, over its demand for a 9.5% pay hike for around 20,000 workers.
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Lufthansa ground staff to strike over 9.5% pay claim

By Maria Sheahan BERLIN, July 25 (Reuters) - Ground staff at Deutsche Lufthansa LHAG.DE will stage a one-day strike on Wednesday in pursuit of a 9.5% pay claim, adding to travel disruption during the busy summer travel season. Strikes and staff shortages have already forced airlines including Lufthansa to cancel thousands of flights and caused hours-long queues at major airports, frustrating holidaymakers keen to travel after COVID-19 related lockdowns.
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