Lufthansa and the ver.di union have agreed on an initial crisis package after intensive negotiations. The measures, with a volume of more than €200 million, will help to overcome the economic effects ...
The Supervisory Board of Deutsche Lufthansa has appointed Remco Steenbergen as a new member of the company’s Executive Board. Steenbergen will assume the position of chief financial officer (CFO) for ...
Aerospace component provider, Meggitt, has posted a fall of 25% in group revenue to £384million in the third quarter of 2020. For the first nine months of the year, revenue fell by 18% to £1.301bn. “W...
Finnair has become the latest E-Jet operator to select AerFin’s BeyondPool component FlightHour-Agreement (FHA), signing a long-term contract to support its fleet of 12 E190 E-Jet aircraft. AerFin’s B...
Jet2 has announcing the launch of flights and holidays from Bristol Airport, which is the airline’s tenth UK base. Jet2 has launched its summer 2021 schedule from Bristol Airport, which includes 29 ro...
As part of the restructuring program RISE, Lufthansa Technik will change the structure of its Executive Board responsibilities. In future, the Executive Board will consist of a Chief Executive Officer...
The International Air Transport Association (IATA) and the International Transport Workers’ Federation (ITF) have issued a joint statement calling for urgent government intervention to prevent an empl...
The COVID-19 pandemic and its subsequent travel restrictions and drop in demand continued to impact Icelandair Group’s operations in October. However, Icelandair’s freight services continued to decrea...
Norwegian has reported a net loss of NOK 980 million for third quarter of 2020 results. Demand remains depressed and Norwegian operated approximately 25 short haul aircraft during the third quarter ou...
AerCap has reported a net loss of $850 million for the third quarter of 2020 compared to a net income of $270 million for the prior-year period. The aircraft lessor was pushed into a loss for the quar...
Brussels Airlines has moved its operations from Berlin Tegel (TXL) to Berlin’s new Brandenburg Airport (BER). The Belgian airline moves under one roof with the other Lufthansa Group airlines (Austrian...
The European Union (EU) is preparing to tax up to $4bn of US goods in retaliation for state aid to Boeing, which was confirmed by the WTO before the US election. The Financial Times reports that the E...
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