FRANKFURT - Lufthansa plunged to a nine-month loss of 32 million euros from a profit of 529 million euros over the same period last year, Germany's leading airline said on Wednesday. The result was better than expected as analysts polled by Dow Jo
FRANKFURT - Deutsche Lufthansa has agreed to buy the 20 per cent of BMI it does not yet own from Scandinavia’s SAS, boosting its holding in the British carrier to 100 per cent. Germany’s flagship carrier had previously said it was in talks to buy th
FRANKFURT - A New York-bound Boeing 747 operated by German airline Deutsche Lufthansa AG turned back in mid-flight Saturday after the pilot reported that one the plane's four engines was leaking oil. The airline said Saturday that the plane, carryin
FRANKFURT - German flag carrier Lufthansa is offering holidaymakers compensation if their hoped-for sun-drenched summer holiday is washed out, the company said on Wednesday. Sun worshippers can claim 20 euros for every rainy day, up to a maximum o
FRANKFURT - Germany's leading airline, Lufthansa, reported on Thursday disappointing first half results due to the global travel slump and pledged to cut costs sharply. It said the outcome made its full-year target of an operating profit harder to
FRANKFURT - German flag carrier Lufthansa on Wednesday reported a nearly 16-percent drop in turnover in the first half, saying the economic downturn was hitting the travel business hard. The airline said it had posted 10.2 billion euros in revenue
European competition regulators in Brussels said Tuesday morning that they had received a new proposal from Lufthansa in attempt to soothe competition concerns surrounding to its planned takeover of Austrian Airlines.“We will now market-test this,”
Lufthansa is being forced to cut jobs in its main airline division and to defer deliveries of new aircraft as part of emergency measures to staunch rising losses.The German carrier said it was seeking to cut costs by about €1bn by the end of 2011 in
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