With geopolitical strife and its protracted effects on aviation not looking to ease up, European carriers are considering significant adjustments to their long-haul networks
Europe’s major network carriers are facing geopolitical headwinds and a renewed focus on competition in the EU, and yet they may be poised to get even bigger.
When costs rise, airlines protect their strongest routes, preserve aircraft utilization and cut their weakest links, which is where regional airports become exposed.
Portugal has requested binding bids from Lufthansa and Air France-KLM for a 44.9% stake in TAP Air Portugal; Carbon Analysis imagines how each combined airline would perform from an efficiency standpoint.
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.