FILE PHOTO: Planes of German air carrier Lufthansa are seen at the airport in Frankfurt, Germany, February 12, 2019. REUTERS/Kai PfaffenbachBERLIN (Reuters) – Deutsche Lufthansa…
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Lufthansa warns of higher cash drain, restructuring costs in fourth quarter
BERLIN (Reuters) – Lufthansa LHAG.DE warned on Thursday it will burn through more cash in the fourth quarter than in the third and that further…
Lufthansa steps up cuts to fleet and staff as outlook dims
BERLIN (Reuters) – Lufthansa announced further cuts to its fleet and workforce on Monday along with a 1.1 billion euro ($1.3 billion) impairment on idled…
Lufthansa plans compulsory lay-offs as forecasts travel slump to 2024
BERLIN (Reuters) – Lufthansa (LHAG.DE) put German workers on notice of compulsory lay-offs on Thursday, saying tumbling air travel and slow progress in union negotiations…