Lufthansa stock rallies amid high air travel demand forecast
Lufthansa's shares experienced a significant surge this week, with a 7% climb on Friday and an overall 13% rise for the week. This robust performance follows the German airline's...
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Lufthansa surpasses Q3 expectations with robust summer and Christmas bookings
Deutsche Lufthansa AG (OTC:DLAKY) reported impressive Q3 earnings, surpassing analysts' expectations, driven by a record summer and strong Christmas season bookings. The group's...
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Lufthansa anticipates robust Q3 results, focuses on strategic acquisitions
Deutsche Lufthansa AG (OTC:DLAKY), the German airline, is set to announce its Q3 results today, with an anticipated revenue of €10.84 billion and net profit of €1.04 billion....
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European airlines eye consolidation amid regulatory hurdles
In a bid to transform the aviation sector, leading long-haul airlines IAG (LON:ICAG), Lufthansa, and Air-France KLM are seeking regulatory approval for mergers that could secure them nearly...
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European airlines suspend flights to Israel amidst conflict, share prices drop
In response to the ongoing conflict between Israeli troops and Hamas militants, several European airlines have suspended their operations to and from Israel on Monday. Deutsche Lufthansa...
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Global Airline Lufthansa Introduces NFT-Based Loyalty Program on Polygon
Coin Edition - Lufthansa has launched its NFT-based based loyalty program, UpTrip, on Polygon.Passengers can tokenize flight experiences and collect trading cards.The company said it has...
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European airlines gain after Deutsche Bank upgrades to Buy
By Geoffrey Smith Investing.com -- European flag carrier stocks rose on Friday after Deutsche Bank upgraded the three largest groups in the sector, saying their post-pandemic recovery has...
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European stocks higher; Lufthansa soars after returning to profit
By Peter Nurse Investing.com - European stock markets traded higher Friday, boosted by positive sentiment overseas ahead of the release of the final reading of Eurozone services activity...
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Lufthansa takes off again with €1.5 billion EBIT; sees more to come in 2023
By Geoffrey Smith Investing.com -- Deutsche Lufthansa (ETR:LHAG) stock hit a three-year high in early trading in Frankfurt on Friday after the airline group reported a big swing back to...
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European airlines slide amid fears over spreading COVID-19 cases in China
By Scott Kanowsky Investing.com -- Shares in European long-haul airlines dropped on Thursday as concerns mount over the impact of the spread of COVID-19 cases in China. German carrier...
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Lufthansa lifts 2022 profit guidance amid strong travel demand
By Scott Kanowsky Investing.com -- Deutsche Lufthansa AG (ETR:LHAG) has raised its profit guidance for its 2022 financial year for the second time in two months, citing strong demand for...
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Shares in Lufthansa Rise As Premium Passenger Demand Pushes Q3 Earnings Higher
By Scott Kanowsky Investing.com -- Shares in Deutsche Lufthansa AG (ETR:LHAG) rose on Thursday after the German airline declared that it had successfully recovered from the COVID-19...
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Midday Movers: Roblox, Bank of America, Archaea Energy and More
By Liz Moyer Investing.com -- Stocks surged on Monday after Bank of America beat expectations and set a positive tone to start a busy week of earnings. Here are the midday movers for Oct....
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Lufthansa Shares Close Higher After Second Pilot Strike Averted
By Scott Kanowsky Investing.com -- Deutsche Lufthansa AG (ETR:LHAG) shares closed in the green on Tuesday, after the German carrier and the union representing thousands of its pilots agreed...
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European Stocks Higher; German Factory Orders Slump in July
By Peter Nurse Investing.com - European stock markets traded higher Tuesday, rebounding after the previous session’s sharp losses although investors remain on high alert over recession...
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Lufthansa Grounds Hundreds of Flights Amid Pilot Strike
By Scott Kanowsky Investing.com -- Deutsche Lufthansa AG (ETR:LHAG) pilots began a one-day strike on Friday after a failed round of wage talks, forcing the cancellation of hundreds of...
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Lufthansa Travel Turmoil Set to Worsen With Ground Staff Strike
(Bloomberg) -- Deutsche Lufthansa (ETR:LHAG) AG’s ground-crew union called a strike for Wednesday, escalating a crisis at Europe’s biggest airline after staffing shortages caused thousands...
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Turkish Air’s Profit Beats Estimates on Surge in Cargo Sales
(Bloomberg) -- Turkish Airlines reported third-quarter profit that beat expectations as cargo operations and reductions in staffing costs boosted earnings. The shares soared the most in...
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European Airlines Gain as Rules Eased For Travel to U.K.
By Dhirendra Tripathi Investing.com – ADRs of European airlines traded higher Friday as the U.K. considerably relaxed rules for travelling to the country. ADRs of EasyJet (OTC:ESYJY) and...
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EU to Reimpose Travel Curbs on U.S. Amid Rise in New Covid Cases
(Bloomberg) -- European Union countries voted to reimpose restrictions on non-essential travel from the U.S. amid a surge in new coronavirus cases, dealing a fresh blow to the tourism...
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Airlines Get Glimpse of New Normal With EU’s Reopening Plan
(Bloomberg) -- Europe’s battered airlines and hospitality industry were promised a gradual return to a semblance of normalcy on Wednesday, with a plan to ease coronavirus-induced...
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Airlines Face ‘Mission of Century’ Shipping Vaccines
(Bloomberg) -- In cooled warehouses on the fringes of Frankfurt airport, Deutsche Lufthansa (DE:LHAG) AG (OTC:DLAKY) is preparing its depleted fleet for the gargantuan task of airlifting...
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German Recovery Hopes Stick as Industry Momentum Catches Up
(Bloomberg) -- Hopes for a speedy economic rebound in Germany are holding ground as manufacturing starts to catch up with consumer-oriented sectors. Industrial output gained 8.9% in June,...
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Europe Slowly Picks Up Pieces After Virus Shattered Economy
(Bloomberg) --Economic confidence is slowly returning to the euro area where companies from manufacturers to retailers are picking up the pieces after devastating coronavirus...
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Airbus’s Global Footprint Becomes a Burden in a Shrinking Market
(Bloomberg) -- Over the past dozen years, Airbus SE (OTC:EADSY) has grown from a European planemaker with purely local production into a global manufacturer with assembly lines on three...
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Airlines Lose Billions of Dollars in the Oil-Market Casino
(Bloomberg) -- Many of the world’s airlines already stung by the pandemic grounding flights are now finding out what a risky place the oil market can be.Ten airlines in Europe and the...
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Lufthansa Bailout to Trigger Onslaught From Low-Cost Rivals
(Bloomberg) -- Deutsche Lufthansa (DE:LHAG) AG (OTC:DLAKY) may have won its battle for state aid, but its surrender of airport slots to appease regulators heralds heightened conflict...
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Airlines Are Gathering Momentum for a Short Haul
(Bloomberg) -- One of the few sectors left behind in the sharp April rebound has finally taken off. European airlines have rallied hard in the past few days, spurred by bailouts and...
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For Merkel, Opening German Economy Proves Harder Than Shutdown
(Bloomberg) -- With the main tourist season fast approaching on the Baltic island of Usedom, Rolf Seelige-Steinhoff is itching to reopen his hotels after almost seven weeks of lockdown wiped...
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