Lufthansa

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A letter will be sent to all EU states to “ensure respect of passenger rights”, and to outline suggestions to make vouchers more attractive if airlines want more passengers to accept them instead of refunds. Photograph: Getty Images

Airlines have reacted with fury to the European Commission’s fresh demand that passengers must be given cash refunds for cancelled flights, and cannot(...)

It had been hoped that the new management team – led by chief executive Sean Corkery (pictured) and chief financial officer Niall O’Sullivan – would have been able to publish a set of audited accounts for 2019 before now. Photograph: Tom Honan

US billionaire investor Warren Buffett, who has had a love-hate relationship with airline stocks over the years, told shareholders in his Berkshire Ha(...)

Getting back in the air is not just an imperative for the airlines, it is also vital for the health of the economy. Photograph:  Oli Scarff / AFP

Ireland’s aviation industry has been devasted by the impact of Covid-19 on the economy. Stobart Air looks set to be rescued by the Stobart Group in th(...)

Governments now have the choice of whether to try to preserve what we had – which may not be coming back – or decide it’s time for change. Photograph: AFP via Getty Images

Many people mistake economics for a hard science because it involves a lot of numbers. Don’t be fooled: it’s closer to sociology than chemistry. (...)

Air France-KLM and Lufthansa could end up with almost €20 billion of taxpayer cash between them. Photograph: AFP via Getty

Michael O’Leary knows plenty about state aid. Ryanair has been the focus of various subsidy disputes over the years, related to the small airports it (...)

Bank of Ireland had a good day on Euronext Dublin, ending the session up more than 15%.

Global markets continued recent recoveries on hopes of demand recovering as governments across the world announced the easing of restrictions introduc(...)

Airline stocks led European shares higher on Monday on hopes of state support. Photograph: Armando Babani/EPA

Airline stocks led European shares higher on Monday on hopes of state support, while upbeat earnings from Deutsche Bank and others added to optimism f(...)

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(...)

Iseq construction and property stocks rose in Dublin on Friday. Photograph: Chris Ratcliffe/Bloomberg

Markets slipped on Friday, with investors in Europe disappointed by the lack of details in a trillion-euro emergency fund and US investors remaining c(...)

Michael O’Leary expects Ryanair  flights to reach about 40 per cent of the usual schedule in the month they resume, most likely late June or early July, increasing to 60 per cent by September. Photograph: Getty

Ryanair told Europe’s top competition official that it may go to court to stop France and other countries from “selectively gifting billions of euros (...)

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