Carsten Spohr

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Lufthansa aims to increase capacity to around 25%  towards the end of the year

Lufthansa warned on Thursday it would burn through more cash in the fourth quarter than in the third, and that further restructuring measures will wei(...)

Cairn Homes, which received the green light to build 611 apartments on Dublin 4 land previously owned by broadcaster RTÉ, rose 2.5 per cent.

European stocks edged higher, although the London market underperformed as sterling rallied, while on Wall Street, the early gains subsided as tech st(...)

Lufthansa, which accepted a €9 billion German bailout in early June, now expects a recovery of air traffic to take until the middle of the decade. Photograph: Ronald Witek/EPA

Lufthansa is preparing for more drastic cutbacks in its global workforce and airline fleet than it previously planned, after a hoped-for recovery of a(...)

German chancellor Angela Merkel: ‘The claim she only ever follows public opinion is not true.’ Photograph: Clemens Bilan/Pool/EPA

A decade ago Angela Merkel was crowned Europe’s austerity queen for – in the eyes of hard-hit euro crisis countries – demanding cuts as her price for (...)

Grounded aircrafts of German carrier Lufthansa at Frankfurt airport. The German government and Lufthansa are about to come to an agreement on an intended bailout rescue package. Photograph: Armando Babani/EPA

Deutsche Lufthansa said it’s close to a multibillion euro bailout deal that would see the state become its biggest shareholder after the coronavirus p(...)

(FILES) In this file photo taken on March 27, 2020 airplanes of German airline Lufthansa are parked at the "Franz-Josef-Strauss" airport in Munich, southern Germany, amid novel coronavirus COVID-19 pandemic. - Lufthansa says on May 7, 2020 in talks for German govt to take 25% stake in 9 bn-euro rescue (Photo by Christof STACHE / AFP) (Photo by CHRISTOF STACHE/AFP via Getty Images)

Lufthansa’s management said the need for a multibillion-euro coronavirus bailout was becoming “urgent” as talks with the government in Berlin drag on.(...)

Lufthansa expects  yields to be 10 per cent lower and the load factor on its aircraft to be 10 per cent lower. Photograph: EPA

Lufthansa has said that it will be forced to shed roughly 10,000 staff as it becomes a permanently smaller airline due to Covid-19, in one of the star(...)

The German flagship carrier expects €900 million in extra expenses for fuel next year

Germany’s biggest carrier Lufthansa said it would raise its number of flights more modestly than peers this season after missing profit estimates for(...)

 Last month Norwegian Air  stock took an upward jolt amidst speculation it may be acquired by Lufthansa. Photograph: Getty Images

MONDAY Indicators: Irish construction PMI (June); new vehicles licensed (June); German exports and imports (May). TUESDAY Results: PepsiCo. Ind(...)

Bjorn Kjos, Norwegian’s chief executive and joint biggest shareholder, has said: “We are happy to have IAG as an investor. Needless to say, they are not the only interested party that has approached us.”

Shares in Norwegian Air rose 10 per cent after the chief executive of rival Lufthansa said his company was interested in buying the Scandinavian low-c(...)

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