Lufthansa’s Board Approves $10 Billion Government Bailout
Christoph Steitz, Reuters
Lufthansa's supervisory board would have preferred not to be in this position. But this was the only way forward for the company.
2 days ago
Christoph Steitz, Reuters
Lufthansa's supervisory board would have preferred not to be in this position. But this was the only way forward for the company.
2 days ago
Christoph Steitz, Holger Hansen and Ilona Wissenbach, Reuters
Lufthansa blinked, rejecting the initial bailout offer, and its hardline approach seems to have worked.
4 days ago
Ilona Wissenbach and Arno Schuetze, Reuters
Ryanair CEO Michael O'Leary has a point. The German government probably is distorting the market by rushing in to save Lufthansa. But this is a company that has been around since 1953. It could be Germany's most recognizable global company. There is no chance Germany will let it go under.
1 week ago
Reuters
Tack on 20 more cities, with more to come later this week, to Lufthansa's plans to get back to normal. The airline, however, still needs to strike a nearly $10 billion deal for a government bailout.
1 week ago
Matthew Parsons, Skift
The exact reasons for wanting to terminate the content deal aren’t clear, but Lufthansa’s direct-selling drive might have something to do with it.
3 weeks ago
Klaus Lauer, Patricia Uhlig and Arno Schuetze, Reuters
This proposed rescue package is one of the biggest yet in the aviation sector, but with the call for help spread out across four countries and Ryanair's Michael O'Leary threatening to sue some governments over this kind of aid, it's far from a done deal.
1 month ago
Alexander Ratz, Edward Taylor and Ilona Wissenbach, Reuters
Will coranavirus take Germanwings as a victim? If so it likely won't be the only low-cost carrier to fail.
2 months ago
Patrick Whyte, Skift
The aviation industry is going to change dramatically over the coming weeks and months. Lufthansa thinks it is well-placed to ride this one out, but how many other airlines can say the same?
3 months ago
Patrick Whyte, Skift
Like many other European airlines, it's been a pretty tough year for Lufthansa. The airline could probably do without a potential FAA fine hanging over it as it tries to start fresh in 2020.
6 months ago
Chiara Albanese, Tommaso Ebhardt and William Wilkes, Bloomberg
Is anyone going to step in and save Alitalia? On the surface it would seem a nice fit for one of the big European airline groups, but look under the hood and there are still some serious problems that need resolving.
7 months ago
Patrick Whyte, Skift
Airlines are much more comfortable talking about mitigating climate change through incremental changes such as more efficient aircraft and carbon offsets. But these don't alter the fundamental problem. Flying is bad for the environment, and it's only going to get worse as demand keeps rising.
7 months ago
Patrick Whyte, Skift
What are the chances that Lufthansa ends up owning at least parts of Alitalia and Condor? It doesn't seem enthusiastic about either, but it might be better than letting a competitor get hold of them — as long as regulators agree.
7 months ago