Lufthansa

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Lufthansa employs around 138,000 people and owns brands including Eurowings and Austrian Airlines

Lufthansa’s shareholders have voted through a €9 billion bailout package that gives the German government a stake in the group almost a quarter of a c(...)

Ryanair’s Eddie Wilson dismissed as meaningless Government plans to allow air travel only with countries with similarly low rates of coronavirus. Photograph: Bloomberg

The Government’s air travel taskforce warned two weeks ago that an immediate decision was needed on the Republic’s two-week Covid-19 quarantine. The (...)

European shares closed at a near one-week low on Monday. Photograph: Yuriko Nakao/Bloomberg

European shares closed at a near one-week low on Monday as signs of a resurgence in coronavirus cases in Germany and elsewhere unnerved investors hopi(...)

European shares closed higher on Friday, with defensive plays leading gains as investors remained hopeful that a massive stimulus package will soon be(...)

A Lufthansa Airbus A350. With the German airline already retiring about half of its 14 Airbus A380s, remaining aircraft will be relegated to its secondary hub in Munich.

The German government on Friday declined to comment on possible talks with Lufthansa shareholder Heinz Hermann Thiele after a newspaper reported the b(...)

Equities made gains on Wednesday. Photograph: iStock

European shares rose on Wednesday, with hopes of a swift rebound from a coronavirus-led economic slump gaining traction even as curbs on movement in B(...)

The airline sector had a positive day, with Aer Lingus and Ryanair adding to their share prices

Stocks around the world surged on Tuesday as the prospect of historic monetary and fiscal stimulus revived hopes of an economic rebound from the Covid(...)

Condor has been bailed out by the German government twice, with a state-guaranteed loan of € 550 million winning European Union approval in April.

German airline Condor will cut about 15 per cent to 25 per cent of its staff in an attempt to slash operating costs amid the ongoing coronavirus crisi(...)

The exceptional decline in the EU economy has made it necessary to relax the rules, with Lufthansa accessing €9 billion in state aid. Photograph: Christof Stache/AFP

Government action across the EU has done much to insulate households from the worst effects of the economic collapse. Major support has also been give(...)

Ryanair fell 2.35 per cent to €11.86 on a weak day for airlines. Photograph: Bloomberg

European stocks swung both ways before settling lower on Wednesday as investors awaited the US Federal Reserve’s first economic projections since the (...)

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