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LUFTHANSA EARNINGS FORECAST
US carriers spent $6. 5B on fuel in April; global profit forecast is cut nearly in halfAirlines are facing a fuel price shock. U.S. carriers spent over six billion dollars on jet fuel in April, a significant jump from last yea...- Global airline chiefs to confront Iran war fuel shock at industry summitAirline leaders meet in Rio de Janeiro facing a major industry crisis. The Iran war is increasing jet fuel costs and disrupting flights. Th...
- Airline company Lufthansa cuts 20,000 flights as war squeezes fuel prices and suppliesLufthansa Group is cancelling 20,000 short-haul flights until October. This move aims to save jet fuel amid soaring oil prices. The war in ...
- Traveling this summer? Major airlines cut routes — check the list to see if you are affectedAirlines Cut Routes Due to Rising Fuel Costs from the Iran War — Is Your Summer Flight at Risk? Jet fuel prices have doubled since the war ...
- Iran war impact on flight fares: Your air travel is getting costlier, here is howIran war update: United Airlines, American Airlines, Delta Airlines, Frontier Airlines are taking various measures as jet fuel surges due t...
- European shares jump on hopes of easing tariff worries; ECB rate decision awaitedEuropean shares extended their gains on Thursday on hopes of easing trade tensions after U.S. President Donald Trump exempted automakers fr...
- Lufthansa plans to cut admin jobs by 20%Lufthansa, the German flag carrier, is planning to cut 20% of its administrative jobs, approximately 400 positions, by 2026. The move comes...
- India and Air India “well-positioned” to become a global hub: Carsten SpohrThe maximum city last week witnessed a very high profile meeting of global airline heads ever in India, when Tata Sons and Air India chairm...
- Robust earnings support European shares; eyes on BoE rate decision"There has been a pattern in recent meetings, like the Reserve Bank of Australia this week, where central banks have struggled to convince ...
- European shares hit fresh peaks on earnings boostThe pan-European STOXX 600 was up 0.2%, as of 0824 GMT, with global shares lingering at record peaks ahead of an expected tapering of pande...
- Lufthansa posts record annual loss, sees long recoveryEurope's biggest airline said it expects to book an operating loss again in 2021, although smaller than last year, as capacity runs at only...
- European shares fall as fears of new virus wave grip investorsThe pan-European STOXX 600 index slid 1 per cent by 0710 GMT, with travel and leisure, oil and gas, and bank stocks leading losses.
- European shares climb on signs of waning coronavirus casesThe pan-European STOXX 600 index rose 3.1 per cent to its highest level in nearly a month.
- European shares hit by Bayer, Lufthansa; FTSE shinesLondon's blue chip FTSE 100 index touched 11 month highs.
- European shares fall as growth worries linger; AMS risesNordea Bank and BBVA also reported lower profits and fell more than 2 percent each.
- Global carriers, PE firms join race to acquire 24 per cent stake in Jet AirwaysWith Etihad already on board, Jet only has limited headroom and can bring on board another strategic partner by selling up to 24%. This cou...
- Low-cost? Low chance for Air France and LufthansaLufthansa and Air France know the smart money is in the low-cost market but powerful labour unions are keeping them from the bounty.
- IATA urges government not to single out aviation industry in terms of 'tax and regulations'In spite of low earning per passenger, IATA upgraded its global outlook for the airline industry to $12.7-billion profit in 2013 on revenue...
- World's 5 biggest airlines now from Asia, LatAmThe world's five biggest airlines now hail from Asia and Latin America, highlighting the industry's shift away from the US and Europe to hi...
- IATA: Airlines are flying back to profits in 2010Profits are expected to reach $2.5 billion, the International Air Transport Association said, a vast improvement from the $2.8 billion tota...
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