lufthansa
German national carrier Lufthansa reported its first quarter 2024 earnings on Tuesday, clocking in an operating loss of -€849 million, a steep plunge from Q1 2023's loss of -€273 million euros. However, the group saw its revenue for the first quarter rise 5% year-on-year to €7.4 billion, up from €7 billion in Q1 2023. Net loss for the group was -€734 million, down from Q1 2023's -€467 million. This was mainly due to ongoing strike actions by both Lufthansa's employees, as well as partner companies' employees, which also affected the wider airline industry. Unit costs for Lufthansa's Passenger ...
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Whether you’re a frequent first class flyer, or a trip at the front of the plane is still firmly on your bucket list, a luxury flight is the best start to a trip. New research has revealed the best luxury air travel experiences, with many of the top rated hailing from Europe. The research looked at first-class experiences across different airlines, analysing factors like airport experience, legroom, cabin and seat quality, food and drink, onboard service and entertainment, as well as amenities and facilities. They also focused on short and medium haul flights, scoring each factor out of 10, in...
Euronews (English)
Lufthansa, Europe's largest airline group by revenue, saw net profits more than double last year. It is planning to pay dividends again for the first time since the pandemic. The German carrier group, which also includes SWISS, Austrian Airlines, Brussels Airlines and Eurowings, described its 2023 performance as the "third-best financial result in the history of the Lufthansa Group". The group reported a net profit of €1.67 billion for 2023 compared with €791 million on the year earlier. Revenue was up by 15% at €35.4 billion while passenger numbers climbed 20% to more than 120 million. "The L...
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Millions of travellers across Germany have been hit by strikes again on Thursday after two unions called for two-day walkouts over wages and work conditions. Around 80% of all long-distance trains as well as regional and commuter trains in the country were cancelled as train drivers went on strike. Air travel was affected as well, with ground staff for German airline Lufthansa stopping work early in the morning. The strikes led to traffic jams in cities and on highways, a shortage of share and rental cars, and a rush of plane passengers trying to rebook flights. Students arrived late for schoo...
Euronews (English)
Flights and trains across Germany will be severely disrupted this week due to strikes. Germany's flagship airline Lufthansa say they are "expecting extensive effects on the flight program." 200,000 passengers are likely to be affected, meaning that around 1,000 flights per day will be cancelled as during previous strikes, according to German news agency dpa. Flights on Thursday (7 March) and Friday (8 March) will be the worst affected. The official strike times of Lufthansa ground staff are: 8 pm on Wednesday until 7.10 am on Saturday. It is the third time this year that a strike has caused ma...
Euronews (English)
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