Tag: Lufthansa

European price war squeezes Lufthansa hard

FRANKFURT AM MAIN: European airline giant Lufthansa on Tuesday reported tumbling net profits in the second quarter, saying higher operating costs and a European short-haul...

Lufthansa Q2 earnings fall on rising fuel costs and price wars

BERLIN: German airline Lufthansa  on Tuesday posted a decline in second-quarter earnings, hurt by price competition on short-haul routes and rising fuel costs, adding the...

Lufthansa pegs dividend payout ratio to net profit

FRANKFURT: German carrier Lufthansa  on Monday said it would start pegging its dividend payout ratio to net profit in the future, adding this would give...

Lufthansa shares plunge after profit warning

FRANKFURT AM MAIN: Shares in German airline giant Lufthansa plunged more than 12 percent on Monday after the group posted a profit warning. At 0753 GMT,...

Lufthansa shares tumble after warns on profit

FRANKFURT: A profit warning from Lufthansa sent the German airline's shares plunging by 11% and dragged down rivals across the sector as they battle for...

High fuel costs drive Lufthansa deeper into red in Q1

Frankfurt: German airline group Lufthansa plunged deeper into the red in the first quarter, it said Tuesday, blaming the rising price of fuel and intense...

Lufthansa hits Q1 turbulence from rising fuel costs

BERLIN: Shares in Lufthansa tumbled as markets opened Tuesday before rebounding, after Europe's largest airline group blamed a steep first-quarter operating loss on rising fuel...

Lufthansa reports loss as high fuel cost, overcapacity weigh

BERLIN: Germany's biggest airline Lufthansa posted a loss for first three months of the year, hurt by rising fuel cost and overcapacity in Europe. The company...

Lufthansa takes first formal step towards selling catering unit

BERLIN: Germany's Lufthansa has made the first formal step towards selling its catering unit LSG, a company spokesman said on Wednesday. "With this step, potential investors...

Lufthansa looking to merge European catering unit with peer

FRANKFURT: Lufthansa is looking to merge the European operations of its catering unit LSG with a peer as it struggles with low margins in a...