Lufthansa Aktie News

German airline giant Lufthansa reported a hefty first-quarter loss Monday and downgraded its 2024 outlook due to recent strikes, while warning of risks from conflict in the Middle East.

The German carrier group said strikes by employees within the group and also by employees at partners hit earnings by around €350 million.

Der Konzern erwartet, dass das Betriebsergebnis im zweiten Quartal unter dem des Vorjahres liegen wird. Durch die Auswirkungen der inzwischen beigelegten Tarifauseinandersetzungen, insbesondere bei Lufthansa Airlines, auf die kurzfristige Buchungsnachfrage und die anhaltenden Konflikte bei Austri...

German airline Lufthansa has offered concessions aimed at securing EU antitrust approval for its acquisition of a minority stake in Italian carrier ITA Airways, an update on the European Commission website shows.

Lufthansa and United Airlines continue to monitor the situation in the Middle East, with the former suspending all flights to some places like Tehran, until April 18.

Lufthansa suspended flights to and from Tehran due to heightened security risks in the Middle East after U.S. officials said that an attack on Israeli assets by Iran or its proxies could be imminent.

Lufthansa and the flight attendants' union UFO have agreed a pay rise for the German airline's 19,000 cabin staff, the union said on Thursday, ending the threat of strikes after wage disputes in the industry had upended travel for thousands.

German airline Lufthansa on Wednesday said it had reached an agreement with union Verdi on a pay raise for its 25,000 ground staff after weeks of wage dispute and strikes that have left thousands of passengers stranded across Germany.