Lufthansa AG

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Lufthansa reports 2009 net loss of $152 million

AP News 16 days ago

German airline Lufthansa reports 2009 preliminary net loss of $152 million German airline group Deutsche Lufthansa AG said Tuesday it lost euro112 million ($152 million) in 2009 as the industry struggled with low demand and weaker premium traffic sales through the economic ...

Lufthansa reports switch into annual net loss

AFP Global Edition 16 days ago

German airline Lufthansa on Tuesday reported a 2009 net loss of 112 million euros (151 million dollars) after net earnings of 542 million euros in 2008. The company said that consequently it would not pay a dividend. Lufthansa, suffering from a sharp ...

Lufthansa posts nine-month loss of 32 million euros

AFP Global Edition 22 days ago

<div><p>Lufthansa plunged to a nine-month loss of 32 million euros (47 million dollars) from a profit of 529 million euros over the same period last year, Germany's leading airline said on Wednesday.</p><p>The result was better than expected as analysts polled by Dow ...

Lufthansa reports nine-month loss as it integrates two new airlines

AFP Global Edition 22 days ago

<div><p>Germany's top airline, Lufthansa, plunged to a nine-month loss and warned of "very considerable risks" ahead on Wednesday as it worked to integrate Austrian Airlines and British Midland into its business.</p><p>Lufthansa reported a net loss of 32 million euros (47 million dollars) ...

Lufthansa 3Q net income up 23 pct to euro184 million

AP News 22 days ago

<div id="subtitle">Airline Lufthansa 3Q net income up 23 percent to euro184 million on inclusion of new airlines</div><div><p>German airline operator Deutsche Lufthansa AG said Thursday net income in the third quarter rose 23 percent because of the addition of new group airlines.</p><p ...

Price pressures ground airline sector recovery hopes

Reuters US Online Report Business News 22 days ago

<div><p>FRANKFURT (Reuters) - Germany's Lufthansa &lt;LHAG.DE&gt; and the airline industry's representative body provided a gloomy outlook for the sector as carriers around the world struggled to make a profit amid a fierce battle for business.</p><p>"Initial signs of a stabilization in volumes ...

British Airways, Iberia agree to merge

AFP Global Edition 22 days ago

<div><p>British Airways and Iberia of Spain reached preliminary agreement on a seven-billion-dollar merger to create one of Europe's biggest airlines, ending months of negotiations.</p><p>The new airline would have 419 aircraft and fly to 205 destinations, after a merger aimed at better competing ...

BA stresses on Iberia merger to keep global status

AFP European Edition 22 days ago

<div><p>British Airways needs to merge with Spanish carrier Iberia to retain its global ranking and avoid being sidelined as crisis drives airline tie-ups and cost cuts, its top manager said on Friday.</p><p>The deal will create a huge group, since Iberia is rich ...

BA says it needs Iberia merger to keep global status

AFP Global Edition 22 days ago

<div><p>British Airways needs to merge with Spanish carrier Iberia to retain its global ranking and avoid being sidelined as crisis drives airline tie-ups and cost cuts, its top manager said on Friday.</p><p>The deal will create a huge group, since Iberia is rich ...

BA-Iberia deal aims giant blow at rivals

AFP Global Edition 22 days ago

<div><p>British Airways is aiming to hold its ranking as a giant in the skies through a tie-up with Spanish carrier Iberia that will give it access to South American routes, the group's boss said on Friday.</p><p>The tie-up is being seen as a ...

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