The German flag carrier Lufthansa has acquired an additional $ 11 billion in debt because of the covid-19 pandemic. This is clear evidence of the fact that even though air travel across the globe has improved a lot, the effects of the pandemic haven’t quite left the airlines. The factors like the significant growth in the number of flights cancellation and ever-growing debt are still keeping airlines such as Lufthansa... Read More
Lufthansa Airlines is all set to make changes in its top management. Effective from April 1, 2022, Jens Ritter, the airline’s current Member of the Executive Board and COO of Eurowings, will take charge as the new Chief Executive Office of the airline. He will succeed Klaus Froese, who adorned the position for more than six years. Froese will fly for Lufthansa as a captain, piloting the new Boeing 787... Read More
Due to the development of the new COVID-19 variant Omicron and related travel restrictions, Lufthansa CEO Carsten Spohr informed the Frankfurter Allgemeine Sonntagszeitung newspaper that the airline plans to remove 33,000 flights from its winter schedule. The airline witnessed a substantial reduction in the number of bookings from mid-January to February. A total of 33,000 flights accounts for 10% of the flying schedule. According to CEO Spohr, Lufthansa was notably... Read More
Lufthansa, the biggest German airline, has now announced a new rule regarding masks' use by passengers inside the aircraft. The airline, just like any other, is very cautious for its passengers’ health and safety; more so at the time of the global pandemic. Lufthansa has been on edge with strict implementation of all the rules and regulations for passengers and staff during the age of social-distancing. The airline has specified... Read More
The tussle between India and Germany related to the air bubble agreement has finally come to rest. Civil Aviation Minister of India, Hardeep Singh Puri said via a tweet that flights between Germany and India are going to resume under the air bubble agreement. The number of flights that the German carrier, Lufthansa was operating earlier has been trimmed down. In addition to this, the number of flights Air India... Read More
Travelling to any part of the world for business is not a problem anymore. You can simply book tickets and head off to the airport. But this is going to change in the future as flight ticket prices are not going to be the same anymore. Many airlines are offering cheaper flights today, but this is just a tactic to lure in the customer and then offer add-on services on... Read More
The German flag carrier, Lufthansa is cutting down on its investments and assets for long-term now. The airline recently said that it is going to ground 40 aircraft from its fleet because they feel that the demand for air travel is going to be very low for the next few years. Thus having a large fleet of aircraft will only add to the fixed costs of the airline without adding... Read More
Lufthansa is the largest German airline and second-largest in terms of the passengers carried in Europe when combined with its subsidiaries. The airline is coming up with a new unit named Ocean. The new leisure segment by Lufthansa is to operate long-haul flights to tourist destinations. Lufthansa is launching this segment to lower the entanglement caused by its current set-up. The airline told Cirium that they are obtaining a new... Read More
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