Articles tagged with 'Airlines' & 'Finance' | Deutsche Lufthansa AG

Around 1,500 shareholders attended the Annual General Meeting online - Broad majority on all agenda items

Up to 40.000 shareholders have registered for the Annual General Meeting - Shareholders shall participate in the success of the 2023 financial year with a dividend of EUR 0.30 per share.

Present CFO of the Amadeus IT Group to assume his duties on September 15, 2024

A350-900 with 268 passengers on the way from Munich to Vancouver - Further destinations in late summer: Shanghai and San Francisco - From summer: Allegris flights can be booked for the winter timetable

Group revenue increases by 5 percent to 7.4 billion euros in the first quarter − Number of passengers rises to 24 million in the first quarter − Adjusted EBIT in the first quarter at -849 million euros − Strikes impact earnings by …

Flights bookable from April 24, 2024 - First flight on June 26 from Munich to Birmingham - Forward-looking fleet expansion with Airbus A320 Family and Airbus A220-300 aircrafts

Far and wide visible commitment and design of four airlines of the Lufthansa Group to the European idea − Joint initiative for the European elections: Taking a stand - strengthening democracy − The first two aircraft will take off this …

First destination from Munich is Vancouver, Canada - Further destinations: Toronto, Chicago and Montreal - Seat map for Allegris’ first flights from May 1 now visible in all booking channels

On a preliminary basis, the Lufthansa Group recorded an Adjusted EBIT loss of EUR 849 million in the first quarter of 2024 (previous year: loss of EUR 273 million). The loss was higher than expected due to various strikes, both by different employee …

German bread culture celebrated on board, created by World Baker Axel Schmitt - New Lufthansa Avionic aperitif from the Ziegler distillery - Vegetarian amuse-bouche as a prelude to the service - Heiko Reitz, CCO Lufthansa Airlines: "Another step …

Term of at least three years provides planning security for employees, companies, and passengers − Key points: substantial wage increases over the next three years, inflation compensation and holiday pay supplement for Lufthansa Airlines cabin crew …

- Europe’s largest airline group commemorates 55 years of investment in the Kansai region

First Lufthansa Group-wide entry-level program focusing on part-time job seekers with professional experience - Application phase starts on 2 April 2024 - Program starts in November 2024

- Swiss International Airlines (SWISS) recently began serving Japanese in-flight meals on flights to and from Japan- Lufthansa reintroduced Japanese food for in-flight meals on flights to and from Japan in late 2023- Japanese cuisine is now …

Successful arbitration: new collective agreement for ground staff, including substantial wage increase, inflation compensation, holiday pay supplement, package for trainees 

Third-best financial result in the history of the Lufthansa Group − Revenue increases by 15 percent to 35.4 billion euros − Passenger numbers increase significantly by 20 percent to over 120 million passengers − Booking momentum …

At its meeting today, the Supervisory Board of Deutsche Lufthansa AG decided to recommend to the Annual General Meeting, which will take place on 7 May 2024 that Ms Sara Hennicken, Chief Financial Officer of Fresenius Management SE, be elected to …

Oliver Buchhofer Chief Operating Officer (COO) of Swiss International Air Lines from May 1 - Dennis Weber Chief Financial Officer (CFO) of Swiss International Air Lines from May 1 - Marc-Dominic Nettesheim Head of Investor Relations Lufthansa Group …

New destination in Norway − New Munich connection to France − Northern Finland for the first time in summer − Republic of Moldova back in the flight schedule

First flight in summer 2024 − Two Airbus A319s already in new livery − Future-oriented fleet expansion with more than 40 Airbus A220-300s − Flights can be booked from the end of April

Responsibilities reassigned - Board size reduced from six to five members - Current members Christina Foerster, Harry Hohmeister, Detlef Kayser to leave on June 30, 2024, Remco Steenbergen to leave on May 7, 2024 - Grazia Vittadini and Dieter …

Upgrade by Moody’s and Standard and Poor’s, and first-ever rating by Fitch - Only European airline group to receive investment grade from all three major rating agencies - Remco Steenbergen: “Investment grade ratings support us to invest in …

India is the fastest growing major market for Lufthansa post pandemic - State-of-the-art travel experience aboard new 787 Dreamliner aircraft - New service connecting Hyderabad to Europe begins January 17, 2024  

Most wanted are employees for cockpit and cabin, IT, and technicians - More than 13,000 new employees already hired in 2023

Start: 08 January 2024 − Initially 20 weekly connections per week

Start: January 8, 2024 − Initially 20 weekly connections per week − Flights to Beirut (Lebanon) will be resumed today

The Lufthansa Group has entered into an agreement for a sale and leaseback of twelve short-haul aircraft. The transaction reflects the Group’s strategy to finance investments in new aircraft through a mix of cash, Japanese Operating Leases (JOLCOs) …

Heike Birlenbach to become Chief Commercial Officer (CCO) at SWISS from January 1, 2024 - Tamur Goudarzi Pour takes over Customer Experience for the Lufthansa Group and a new taskforce to increase product quality and customer satisfaction as of …

Fares available on selected long-haul flights from November 30 - Lufthansa Group continues to expand its offering for more sustainable travel - Growing demand for Green Fares with already more than half a million guests - U.S. Green Fare …

Changed market development for engines opens up new prospects - Growth without external investor - Lufthansa Technik expects second record year in a row in 2023 - Lufthansa Technik develops new First Class for Lufthansa 747-8 - Dr. Detlef Kayser: …