ANL 31.55 Increased By ▲ 0.05 (0.16%)
ASC 20.80 Increased By ▲ 1.00 (5.05%)
ASL 24.00 Increased By ▲ 0.04 (0.17%)
BOP 8.17 Decreased By ▼ -0.10 (-1.21%)
BYCO 10.24 Decreased By ▼ -0.18 (-1.73%)
FCCL 22.60 Decreased By ▼ -0.13 (-0.57%)
FFBL 27.20 Increased By ▲ 0.10 (0.37%)
FFL 21.20 Increased By ▲ 0.80 (3.92%)
FNEL 9.18 Increased By ▲ 0.40 (4.56%)
GGGL 28.03 Decreased By ▼ -0.07 (-0.25%)
GGL 46.75 Increased By ▲ 0.20 (0.43%)
HUMNL 7.55 Increased By ▲ 0.20 (2.72%)
JSCL 22.93 Increased By ▲ 0.28 (1.24%)
KAPCO 40.10 Increased By ▲ 0.18 (0.45%)
KEL 3.94 Decreased By ▼ -0.04 (-1.01%)
MDTL 3.81 Increased By ▲ 0.06 (1.6%)
MLCF 45.10 Decreased By ▼ -0.65 (-1.42%)
NETSOL 167.35 Increased By ▲ 1.29 (0.78%)
PACE 8.03 Decreased By ▼ -0.12 (-1.47%)
PAEL 34.87 Increased By ▲ 0.42 (1.22%)
PIBTL 11.35 Decreased By ▼ -0.10 (-0.87%)
POWER 9.35 Decreased By ▼ -0.01 (-0.11%)
PRL 24.13 Increased By ▲ 0.24 (1%)
PTC 11.75 Decreased By ▼ -0.05 (-0.42%)
SILK 1.83 No Change ▼ 0.00 (0%)
SNGP 51.18 Decreased By ▼ -5.07 (-9.01%)
TELE 15.57 Increased By ▲ 0.82 (5.56%)
TRG 168.06 Increased By ▲ 0.80 (0.48%)
UNITY 43.84 Decreased By ▼ -0.36 (-0.81%)
WTL 3.82 Increased By ▲ 0.26 (7.3%)
BR100 5,176 Decreased By ▼ -28.35 (-0.54%)
BR30 26,711 Decreased By ▼ -45.55 (-0.17%)
KSE100 47,673 Decreased By ▼ -120.39 (-0.25%)
KSE30 19,107 Decreased By ▼ -54.37 (-0.28%)

Coronavirus
VERY HIGH Source: covid.gov.pk
Pakistan Deaths
23,048
3224hr
Pakistan Cases
1,008,446
3,75224hr
7.51% positivity
Sindh
367,092
Punjab
353,238
Balochistan
29,571
Islamabad
85,780
KPK
141,925

Lufthansa

EU air traffic agency eyes Baltic routes for flights shunning Belarus
World

EU air traffic agency eyes Baltic routes for flights shunning Belarus

  • The EU will also shut out the Belarusian carrier Belavia from its skies and airports. Lufthansa, KLM, SAS, Air France, LOT and Singapore Airlines were among carriers that announced they would stop flying over Belarus.
  • "Airlines avoiding the airspace of Belarus may well have an additional time and fuel cost, depending on the route. Longer haul routes will generally be relatively less affected."
Published 25 May, 2021 07:35pm
Lufthansa adds more summer holiday destinations in bet on recovery
Business & Finance

Lufthansa adds more summer holiday destinations in bet on recovery

  • Germany's largest airline said it was planning to add around 20 new destinations from Frankfurt and 13 from Munich to locations such as the Caribbean, the Canary Islands and Greece.
  • COVID-19 vaccines and testing, along with strict hygiene rules at airports and on planes, will be prerequisites for travel this summer, it said.
Published 25 Feb, 2021 08:39pm
Lufthansa rejects Condor allegations of market position abuse
Business & Finance

Lufthansa rejects Condor allegations of market position abuse

  • Lufthansa was granted a 9 billion euro ($10 billion) government bailout that came with conditions to preserve competition including the transfer to rivals of some take-off and landing slots at German airports.
  • Earlier this month, Condor asked the European Court of Justice to stop Lufthansa from cancelling the agreement.
Published 24 Feb, 2021 09:41pm
Lufthansa reaches deal with Eurowings on jobs
Business & Finance

Lufthansa reaches deal with Eurowings on jobs

  • Some 2,000 ground staff and cabin crew at Eurowings will have their jobs secured until March 31, 2022.
  • The trade union is also in talks about the possibility of Eurowings recruiting employees who lost their jobs at Lufthansa.
Published 18 Jan, 2021 06:32pm
Airlines cull South Africa routes as virus flares
Business & Finance

Airlines cull South Africa routes as virus flares

  • A growing list of countries are limiting travel to and from South Africa since a more transmissible variant of the virus, dubbed 501Y.V2, was announced in December.
  • Emirates this week announced a 13-day halt on all South Africa routes for "operational reasons".
Published 15 Jan, 2021 09:28pm
German airline Lufthansa reaches deal with pilots on cost savings
Business & Finance

German airline Lufthansa reaches deal with pilots on cost savings

  • Like its rivals, Lufthansa is struggling to deal with global travel restrictions and grounded fleets in the wake of the coronavirus pandemic.
  • Lufthansa is ruling out layoffs of pilots for operational reasons at Lufthansa, Lufthansa Cargo, Lufthansa Aviation Training and a subgroup of Germanwings pilots until March 2022.
Published 23 Dec, 2020 06:23pm
Lufthansa to start rapid pre-flight coronavirus tests in Germany
Business & Finance

Lufthansa to start rapid pre-flight coronavirus tests in Germany

  • Only those testing negative or able to provide evidence of a negative test within the previous 48 hours will be allowed to board.
  • The carrier will use the tests for two daily flights between Munich and Hamburg from Nov. 12 onwards to see how the test procedure can be included in the pre-flight routine.
Published 06 Nov, 2020 07:52pm
Lufthansa braces for very slow recovery in passenger demand
Business & Finance

Lufthansa braces for very slow recovery in passenger demand

  • First-quarter capacity is expected to be up to 25% of pre-crisis levels, unchanged from the current quarter and well short of the 50% previously envisaged by the end of this year.
  • Business customers, traditionally the carrier's cash cow, remain a rarity but are returning on the carrier's China routes.
Published 27 Oct, 2020 07:13pm
Lufthansa to cut leadership positions, 1,000 admin jobs
Business & Finance

Lufthansa to cut leadership positions, 1,000 admin jobs

  • Lufthansa said it would also cut the investment volume for new aircraft in half, with its financial plan allowing for up to 80 new aircraft for the group's fleet up to 2023.
  • Lufthansa already decided in early April to reduce its fleet by 100 aircraft and not to resume the operations of budget unit Germanwings.
Published 07 Jul, 2020 06:21pm
Lufthansa shares down on bailout standoff with shareholder
Markets

Lufthansa shares down on bailout standoff with shareholder

  • The stock was down 5.2% at 1101 GMT, as billionaire investor Heinz Hermann Thiele met senior government officials at the finance ministry.
  • Thiele, who holds 15.5% of the group, objects to bailout terms that would see Germany acquire a 20% stake and bo
Published 22 Jun, 2020 05:48pm