The corona crisis continued to have a considerable impact on Lufthansa Group’s earnings development in the third quarter of 2020. However, due to an expansion of the flight schedule in the summer months of July and August and considerable cost reductions, losses were reduced compared to the second quarter. On a preliminary basis, Adjusted EBIT […]
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In the current year, the airlines of the Lufthansa Group have so far reimbursed over three billion euros to a total of over seven million customers (as of 30 September 2020). The number of ticket refunds still open fell to around 700,000 transactions worth around 350 million euros. Constantly changing travel restrictions and current political […]
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Adjusted EBIT declines to minus 1.7 billion euros in the second quarter despite significant cost reductions. Number of employees already reduced by 8,300 – redundancies no longer ruled out in Germany as well. Normalization of demand to pre-crisis level expected for 2024 at the earliest The collapse in demand for air travel due to the […]
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In the late summer season, Lufthansa will take off from Munich to 5 further European destinations. Beginning 7 September, the airline will be returning to Marseille, Gothenburg, Kiev and Sibiu/Romania, and from 5 October to Graz. Already, Lufthansa has significantly expanded its European services during the Bavarian summer holidays and added the Greek island of […]
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The Executive Board of Deutsche Lufthansa AG has approved a second set of measures as part of its overall restructuring program in the wake of the coronavirus crisis. With the first set of measures launched in early April it had been decided, among other things, to reduce the fleet by 100 aircraft and not to […]
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The Executive Committee of the Supervisory Board of Deutsche Lufthansa AG today approved a new allocation of responsibilities for the Executive Board. The former “Finance & IT” department will not be replaced following Thorsten Dirks’ departure. The responsibilities will be assigned to the other management departments of the Executive Board. Carsten Spohr will assume additional […]
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Due to the significant changes in the booking wishes of their passengers, the airlines in the Lufthansa Group are switching from short-term to longer-term flight planning and are now completing their flight schedules by the end of October. The new summer timetable will be implemented in the booking systems today, 29 June, and is thus […]
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Thorsten Dirks will withdraw from the Lufthansa‘s Executive Board on the occasion of the successful conclusion of the governmental stabilization measure. He was most recently responsible for the areas Digitalization and Finance. Thorsten Dirks was appointed to the Executive Board in May 2017. Karl-Ludwig Kley, Chairman of the Supervisory Board of Deutsche Lufthansa AG, thanks Thorsten Dirks […]
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The shareholders of Deutsche Lufthansa AG voted in favor of accepting the capital measures and the participation of the Economic Stabilisation Fund (WSF) of the Federal Republic of Germany in Deutsche Lufthansa AG. The corresponding proposal received the necessary majority at today’s Extraordinary General Meeting of the company. The package provides for stabilization measures and loans of […]
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During the past few weeks, Lufthansa is continuously expanding its flight program and is now flying to nearly 100 destinations from just Frankfurt during the summer holidays in Hesse. “We can see that people want to fly again. Flights to classic holiday destinations in Europe are especially in demand on our website,” said Klaus Froese, […]
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