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This comes as Aussie airline moves to survive virus impact
COLOGNE: Deutsche Lufthansa AG’s biggest stockholder said he’d vote in favor of a €9bil (US$10bil) government bailout, giving the rescue plan a shot of momentum on the eve of a crunch vote.
BEIJING (Xinhua): Lufthansa German Airlines will resume regular scheduled flights between Frankfurt and Shanghai from Wednesday (June 24), according to Lufthansa China.
VIENNA (Reuters) - Austria has issued a warning against travel to the western German state of North Rhine-Westphalia after a coronavirus outbreak at a slaughterhouse there, Austrian Chancellor Sebastian Kurz said on Wednesday.
FRANKFURT: Lufthansa shares slumped 5.7% yesterday morning after CEO Carsten Spohr said the company would seek to avoid a grounding and insolvency in a battle with the airline’s biggest shareholder over the terms of a €9bil bailout.
PARIS: France is warning flag carrier Air France-KLM against making forced job cuts, with Finance Minister Bruno Le Maire saying such a move would constitute a “red line” the carrier shouldn’t cross after receiving a state bailout.
Fares are lower by up to 14% until August
BERLIN: German airline Lufthansa warned on Tuesday that it might need to apply for creditor protection if its state-backed bailout failed to win sufficient shareholder support in a vote later this month.
Frequent flying isn’t so much of a thing right now, but loyalty programmes are in many cases getting better as airlines fight to keep customers and generate sorely needed revenue after the coronavirus ransacked travel.