Lufthansa Warns of Lower Profit Amid Fuel Price Volatility

By admin August 4, 2026 No comment

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Lufthansa has warned that its operating profit could decline in 2026 as volatile fuel prices continue to weigh on earnings. The German airline said higher fuel costs linked to geopolitical tensions, including the U.S.-Iran conflict, caused its second-quarter operating profit to more than halve, prompting a weaker full-year outlook. The airline now expects adjusted EBIT

Latvia Seeks Strategic Investor to Stabilise Financially Struggling airBaltic

By admin July 18, 2026 No comment

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The Latvian government is in discussions with a strategic investor to support state-controlled airline airBaltic as it works to strengthen its finances and avoid the risk of default. Prime Minister Andris Kulbergs confirmed that talks with a serious potential partner are underway, adding that the government aims to complete the process this summer. As part […]

Lufthansa Cuts 20,000 Flights Amid Fuel Price Surge

By admin April 23, 2026 No comment

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Lufthansa has announced it will cut around 20,000 short-haul European flights this summer, citing soaring jet fuel prices that have made many routes unprofitable. Fuel costs have surged sharply following tensions in the Middle East, particularly linked to the ongoing conflict involving the US, Israel, and Iran, which has disrupted fuel production and transport. The […]

Lufthansa Strike Disrupts Travel as City Airlines Secures Pay Deal

By admin April 10, 2026 No comment

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Tens of thousands of passengers across Germany faced major travel disruptions as Lufthansa cabin crew and its regional unit CityLine staged a day-long strike, leading to widespread flight cancellations at key airports. The industrial action, organized by the UFO union, affected major hubs including Frankfurt and Munich, with Frankfurt Airport alone reporting around 580

Lufthansa Strike Grounds Nearly 800 Flights, Disrupts 100,000 Passengers

By admin February 12, 2026 No comment

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Nearly 800 Lufthansa flights were cancelled on Thursday after pilots and cabin crew staged a strike, disrupting travel plans for around 100,000 passengers. The walkout, organised by the pilots’ union VC and flight attendants’ union UFO, affected major hubs in Frankfurt and Munich, with departure boards showing widespread cancellations, including long-haul services.

Germany to rescue Lufthansa

By admin May 26, 2020 No comment

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The European country of Germany has decided to offer a helping hand of renowned German-based airline Lufthansa. The company has agreed to sign the rescue deal worth €9bn with the German government – which has timely come forward to save the airline company from collapse. The airline conglomerate has been extremely affected by a fall […]