Lufthansa Cargo overcomes slower demand for big Q3 profit
Lufthansa Airlines’ cargo subsidiary continued to earn profits during a difficult third quarter, even as the market softened.
Lufthansa Airlines’ cargo subsidiary continued to earn profits during a difficult third quarter, even as the market softened.
A 24-hour strike by Lufthansa cockpit crews will shut down the company’s freighters. Logistics providers worry future union actions could be more serious.
Boeing has landed a large freighter order from Lufthansa, while Embraer has launched a program to modify used planes for cargo in the regional market.
he microgeometry of a shark’s skin reduces friction and allows it to move faster in the water. Lufthansa Cargo is applying that same capability to its aircraft to save fuel in a fascinating case of man copying nature.
Lufthansa Cargo is one of more technologically advanced air cargo carriers. New material-handling systems highlight the overhaul of its main warehouse.
Lufthansa Airlines has added a new CFO, and played musical chairs with a number of other leadership positions.
Lufthansa Airlines is transforming itself into a smaller airline, while its Cargo division settles on a single company to manage its central warehouse.
Lufthansa is too big to fail in Germany. Now it has a bailout.
Some small and mid-size airlines are filing for bankruptcy, or going out of business. Lufthansa is a major airline and it too is on the ropes.
Winter is a cold period for airlines’ bottom lines. Throw in COVID-19 challenges and airlines face a difficult road to next year. That is why they are knocking on doors for help.
It’s a turbulent period in Europe for the aviation industry. Regional travel is reopening in the EU, but the UK has tightened travel restrictions and airlines are struggling to stay in business without government assistance.
Airlines are looking at a multiyear road to parity with 2019, but bookings have given them confidence to start opening up networks closed by the coronavirus.
June is supposed to be the heavy travel season, but instead of operating full planes, airlines are busy trying to save their financial lives.
Lufthansa and Germany have agreed on a rescue plan for the airline, but the European Union wants to take a pound of flesh from the German carrier before allowing the deal to go through.
Lufthansa will temporarily become a German-state owned company again with a pending plan to give the airline billions of dollars in emergency aid to withstand the fallout from the coronavirus.
Lufthansa and IAG Group are taking baby steps toward expanding flight schedules. That should bring in some more revenue, but Lufthansa is looking for a big bailout from the German government to get through the coronavirus crisis.
Lufthansa Group is putting a bunch of long-haul planes in deep storage. A smaller version of itself is busy transporting cargo and scooping up stranded travelers around the world.
Tough times call for drastic measures and Lufthansa sees the writing on the economic wall. It’s wasting no time shrinking for a smaller future.
Lufthansa Airlines is being called out by the FAA for allegedly going behind its back to operate at two U.S. airports without approval. Agencies don’t like it when someone tries to deceive them.