Lufthansa Group is making major fleet cutbacks to deal with both the sharp rise in fuel costs and prolonged and bitter disputes with pilot and cabin crew unions.
Lufthansa has agreed to three-year collective bargaining agreements for pilots and cabin crew at its newly established affiliate Lufthansa City Airlines.
By Helen Massy-Beresford, Christine Boynton, Jens Flottau, Lori Ranson, Adrian Schofield
Global airlines consider capacity cuts, increased ticket prices and fuel surcharges to manage the short-term spike and long-term uncertainty caused by the war.
Meeting the deadline to submit bids for a 44.9% stake in TAP Air Portugal, Air France-KLM and Lufthansa have made non-binding offers, while IAG has abstained.
ITA Airways intends to continue its focus on reducing fleet leasing costs, as the Italian carrier unveiled full-year results showing a $242 million net profit.
Lufthansa's decision to expand Munich's terminal 2 comes at the detriment of Frankfurt, still its largest base, raising questions about future investment there.
As the Iran war disrupts Gulf carriers, European airlines are picking up demand and adjusting capacity but expect to eventually pass on fuel costs to passengers
Lufthansa Group is seeing an “enormous” increase in demand on its Asia routes since the Iran war started and plans increased services to Africa and Asia-Pacific
