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Lufthansa readies for EU antitrust warning over ITA deal, source says

Lufthansa readies for EU antitrust warning over ITA deal, source says By Foo Yun Chee BRUSSELS, March 1 (Reuters) - Lufthansa LHAG.DE expects to get an EU antitrust warning in the coming weeks over its bid for a minority stake in ITA Airways and is prepared to offer targeted remedies to address competition concerns, a person with direct knowledge of the matter said.
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Dutch stance on Schiphol 'extremely shocking', Air France-KLM CEO says

Dutch stance on Schiphol 'extremely shocking', Air France-KLM CEO says Feb 29 (Reuters) - The Dutch government's stance on Amsterdam Schiphol Airport is "extremely shocking", Air France-KLM's AIRF.PA CEO said on Thursday. The government aims to cut flights at Schiphol, one of Europe's main air transport hubs, to 452,500 per year, almost 10% below 2019 levels, in a noise-reducing measure opposed by KLM and others.
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Israel's El Al adjusts flight network due to Gaza war impact

UPDATE 2-Israel's El Al adjusts flight network due to Gaza war impact Adds CEO comments, share reaction By Steven Scheer TEL AVIV, Feb 29 (Reuters) - El Al Israel Airlines posted a sharp rise in fourth-quarter profit that was partly boosted by bringing military reservists home and rivals cancelling flights to Tel Aviv due to the war in Gaza, forecasting a strong start to 2024 as it adjusted routes.
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IAG and Air France shares drop as airlines brace for turbulence

WRAPUP 4-IAG and Air France shares drop as airlines brace for turbulence Adds IAG/Air Europa news in paragraph 9. Emirates in 10-11, Air France-KLM posts record 2023 revenues but Q4 loss IAG positive on capacity for 2024 Both see strong demand Jet fuel prices, geopolitical uncertainty, inflation weigh By Joanna Plucinska and Diana Mandia LONDON, Feb 29 (Reuters) - Shares in British Airways owner IAG ICAG.L and Air France-KLM dropped on Thursday as concerns over costs, supplies of new jets, and g
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Lufthansa's costly labour disputes threaten 2024 profit goals

ANALYSIS-Lufthansa's costly labour disputes threaten 2024 profit goals By Joanna Plucinska and Ilona Wissenbach LONDON/FRANKFURT, Feb 29 (Reuters) - Lufthansa LHAG.DE will likely miss its 2024 profit margin goal as the German airline seeks to agree new, higher pay deals to end prolonged strikes , which have forced it to cancel thousands of flights, analysts and investors say.
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