Lufthansa and its cabin crews have reached a long-term pay agreement that is expected to provide labor peace in return for raises in salaries and extras.
The CEOs of Air France-KLM, easyjet, Lufthansa and Ryanair argue that consolidation in Europe is a key ingredient for a globally competitive aviation industry.
Dorothea von Boxberg is interested in upgauging and having an aircraft type that offers more range than the A330-300, but consistent profits must come first.
After a recent Morgan Stanley research note proclaimed Embraer its "top pick in aerospace," the Brazilian OEM's stock price surged 10% in a single day.
It may turn out that a deal that took the industry by surprise when it was announced in late 2023 could be the first to take a concrete consolidation step.
Lufthansa's labor conflicts may lead to a reset to higher structural costs in many of its divisions and could set the tone for some of its rivals to follow.