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Lufthansa


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Union demands Lufthansa makes improved offer before agreeing fresh talks

UPDATE 1-Union demands Lufthansa makes improved offer before agreeing fresh talks Adds approach to Lufthansa in paragraph 2 FRANKFURT, Feb 24 (Reuters) - German labour union Verdi on Saturday demanded Lufthansa LHAG.DE offers a higher wage increase for thousands of the German airline's ground crew before it agrees to a fresh round of pay talks aimed at averting further industrial action.
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Union demands Lufthansa makes improved offer before agreeing fresh talks

Union demands Lufthansa makes improved offer before agreeing fresh talks FRANKFURT, Feb 24 (Reuters) - German labour union Verdi on Saturday demanded Lufthansa LHAG.DE offers a higher wage increase for thousands of the German airline's ground crew before it agrees to a fresh round of pay talks aimed at averting further industrial action. Ground staff walked off the job at major airports on Tuesday in their second strike this month , which Lufthansa said had affected 100,000 passengers.
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Lufthansa falls after announcing management board reshuffle, CFO departure

BUZZ-Lufthansa falls after announcing management board reshuffle, CFO departure ** Shares in Lufthansa LHAG.DE fall 4%, set for worst day in over four months if losses hold, after the German carrier on Thursday said four out of its six board members, including CFO Remco Steenbergen, will step down by the end of June ** Analysts at Stifel and J.P.Mo
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Lufthansa shares fall 3.6% after news on board reshuffle

Lufthansa shares fall 3.6% after news on board reshuffle BERLIN, Feb 23 (Reuters) - Shares in Germany's Lufthansa LHAG.DE were trading 3.6% lower at 0833 GMT on Friday, as shareholders reacted to the airline's announcement that it would shed two thirds of its board by the middle of the year. The board will shrink from six members to five and Chief Financial Officer Remco Steenbergen is among the executives to leave, the company announced on Thursday.
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Supply chain strains set to weigh on aviation industry bounce-back

Supply chain strains set to weigh on aviation industry bounce-back Supply chain strains easing, but still challenging -firms Airlines, firms changing strategies to improve reliability Lead times and prices remain high By Xinghui Kok, Lisa Barrington and Brenda Goh SINGAPORE, Feb 23 (Reuters) - Parts shortages and delivery delays plaguing the global aviation industry are easing, but could take up to two years to resolve, firms at the Singapore Airshow said, adding to the pressures clouding a post
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Record numbers at Singapore Airshow as post-COVID boom raises hopes

UPDATE 2-Record numbers at Singapore Airshow as post-COVID boom raises hopes About 60,000 trade delegates at Singapore show, a record number Attendees say supply chain concerns linger after pandemic China's COMAC makes first C919 flight outside home market Updated with final figures of trade attendees By Xinghui Kok SINGAPORE, Feb 23 (Reuters) - Record numbers attended the trade section of the first fully post-pandemic Singapore Airshow this week, with exhibitors and delegates optimistic about t
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Post-pandemic recovery fuels robust attendance - and hopes - at Singapore Airshow

Post-pandemic recovery fuels robust attendance - and hopes - at Singapore Airshow About 50,000 trade delegates at Singapore Airshow, the most since 2018 Attendees say supply chain concerns linger after pandemic Chinese planemaker COMAC makes first C919 exhibition outside home market By Xinghui Kok SINGAPORE, Feb 23 (Reuters) - As the bustling trade portion of first fully post-pandemic Singapore Airshow wound down on Friday, exhibitors and delegates said they were optimistic for the aviation indu
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Lufthansa to shed two thirds of its board by end-June -company

UPDATE 1-Lufthansa to shed two thirds of its board by end-June -company Adds details BERLIN, Feb 22 (Reuters) - Four of the six current members of Lufthansa's LHAG.DE board, including Chief Financial Officer Remco Steenbergen, will step down by the end of June, the company said on Thursday. Michael Niggemann, personnel chief, will fill the CFO role on an interim basis, while Grazia Vittadini, now at Rolls-Royce RR.L , will join the board as chief technology officer.
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Lufthansa to shed two thirds of its board by end-June -company

Lufthansa to shed two thirds of its board by end-June -company BERLIN, Feb 22 (Reuters) - Four of the six current members of Lufthansa's LHAG.DE board, including its Chief Financial Officer Remco Steenbergen, will step down by the end of June, the company said on Thursday. Michael Niggemann, board member in charge of human resources and infrastructure, will fill the CFO role on an interim basis, while Grazia Vittadini, now at Rolls-Royce RR.L , will join the board as chief technology officer.
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Brussels Airlines to restart flights to Israel

Brussels Airlines to restart flights to Israel BRUSSELS, Feb 22 (Reuters) - Brussels Airlines said on Thursday that it will restart flights to Israel from March 24. Like many other carriers, the Belgian airline stopped flying to Israel after the Oct. 7 attack by Hamas militants. The decision to resume flights was made "after careful consideration with all relevant departments," it said in a statement.
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Airlines test fliers' tolerance for high prices to bolster profits

ANALYSIS-Airlines test fliers' tolerance for high prices to bolster profits By Joanna Plucinska and Rajesh Kumar Singh LONDON/CHICAGO, Feb 22 (Reuters) - U.S. and European airlines will aim to boost profits again this year with higher ticket prices as they try to squeeze what they can from the post-COVID travel boom and mitigate higher costs amid persistent plane shortages, investors and executives say.
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United Airlines to become first US carrier to resume Israel flights since Gaza war

UPDATE 1-United Airlines to become first US carrier to resume Israel flights since Gaza war Adds no immediate comment from Israeli embassy, more details By David Shepardson WASHINGTON, Feb 21 (Reuters) - United Airlines UAL.O said on Wednesday it plans to resume direct U.S. flights to Israel early next month, becoming the first American carrier to resume service since the Oct.
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United Airlines to become first US carrier to resume Israel flights since Gaza war

United Airlines to become first US carrier to resume Israel flights since Gaza war By David Shepardson WASHINGTON, Feb 21 (Reuters) - United Airlines UAL.O said on Wednesday it plans to resume direct U.S. flights to Israel early next month, becoming the first American carrier to resume direct service since the Oct. 7 attack by Hamas militants on southern Israel.
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Acciona Energia, Coloplast, Sika

EUROPE RESEARCH ROUNDUP-Acciona Energia, Coloplast, Sika Feb 21 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Acciona Energia, Coloplast and Sika, on Wednesday. HIGHLIGHTS * Acciona Energia ANE.MC : HSBC cuts to reduce from hold * Aker Solutions ASA AKSOA.OL : RBC cuts to sector perform from outperform * Coloplast COLOb.CO : Berenberg cuts to hold from buy * Enagas ENAG.MC : Deutsche Bank raises to hold from sell * Sika AG SIKA.S
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Lufthansa strike hits air travel for second time this month

UPDATE 1-Lufthansa strike hits air travel for second time this month Adds quotes from Verdi's lead negotiator, traveller BERLIN, Feb 20 (Reuters) - Ground staff at German airline Lufthansa LHAG.DE walked off the job at major airports on Tuesday in their second strike this month , raising pressure in wage talks due to continue on Wednesday. " If Lufthansa does not realise that it now has to take a big step towards us, then longer strikes will continue to be possible," labour union Verdi's lead ne
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Lufthansa strike hits air travel for second time this month

Lufthansa strike hits air travel for second time this month BERLIN, Feb 20 (Reuters) - Ground staff at German airline Lufthansa LHAG.DE walked off the job at major airports on Tuesday in their second strike this month , raising pressure in wage talks due to continue on Wednesday. Over 100,000 passengers will be affected by the industrial action, which is due to run until 7:10 am (0610 GMT) on Wednesday, the national carrier has said.
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Lufthansa ground staff to strike on Tuesday, says union

UPDATE 1-Lufthansa ground staff to strike on Tuesday, says union Adds Lufthansa comment BERLIN, Feb 18 (Reuters) - Ground staff at German airline Lufthansa LHAG.DE LHAG.DE will go on strike on Tuesday, the Verdi union said on Sunday, announcing the latest industrial action to hit Germany's transport sector as workers demand more pay. The strike is scheduled to start at 4 a.m.
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Lufthansa ground staff to strike on Tuesday, says union

Lufthansa ground staff to strike on Tuesday, says union BERLIN, Feb 18 (Reuters) - Ground staff at German airline Lufthansa LHAG.DE LHAG.DE will go on strike on Tuesday, the Verdi union said on Sunday, announcing the latest industrial action to hit Germany's transport sector as workers demand more pay. The strike is scheduled to start at 4 a.m. (0300 GMT) on Tuesday and finish at 7.10 a.m.
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Lufthansa's Discover unit faces renewed pilots strike

Lufthansa's Discover unit faces renewed pilots strike FRANKFURT, Feb 15 (Reuters) - German pilots' union VC has called on its members to strike for three days at Lufthansa's LHAG.DE leisure airline Discover, the fourth walkout in two months in a dispute over pay and working conditions. Strikes will be held from Saturday at midnight until Monday, VC said on Thursday, adding that it rejected Lufthansa's offer so far because it included contract clauses that would make it difficult for the union to
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India's law enforcement agency summons offices of foreign airlines in country - TV18

India's law enforcement agency summons offices of foreign airlines in country - CNBC-TV18 NEW DELHI, Feb 15 (Reuters) - India's law enforcement agency overseeing indirect taxes has summoned Indian offices of international airlines over alleged tax evasion on import of services, CNBC-TV18 reported on Thursday citing sources. The Directorate General of GST Intelligence (DGGI) was seeking clarification over payment of crew salaries and staff expenses at the offices of the international airlines, th
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