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FRANKFURT: Deutsche Lufthansa AG is forecasting that operating profit will rise in 2016 as fuel costs decline a fourth consecutive year.
BERLIN: The prospect of bailing out more companies battered by the coronavirus pandemic is opening up a split in the German government, with free marketeers resisting a push for increased state intervention, according to people familiar with the matter.
LONDON: Europe’s biggest airlines are seeking to deflect moves to tighten carbon curbs by favouring an increasingly discredited offsetting programme, according to climate watchdog InfluenceMap.
LONDON: Deutsche Lufthansa AG raised its 2016 profit forecast after premium class bookings beat the airline’s expectations and as fuel costs decline. The stock rose the most in eight years.
FRANKFURT: Deutsche Lufthansa AG, Europe’s second largest airline, raised its earnings forecast for 2015 after a jump in mid-year demand and a drop in oil prices contributed to a 51% surge in third-quarter operating profit.
FRANKFURT: Deutsche Lufthansa AG cut its 2016 profit forecast after terrorist attacks and economic uncertainty sapped demand for travel to Europe.
JOHANNESBURG: Deutsche Lufthansa AG reported a first-quarter loss because of rising fuel costs, sending the stock plunging in a sign of deepening industry woes after the German airline cut its growth plans last month.
Frankfurt: Deutsche Lufthansa AG halted capacity expansion at its Eurowings low-cost arm after the group’s first-quarter margins were squeezed by rising fuel bills and overcapacity that’s sparked a Europe-wide fare war.
JOHANNESBURG: Deutsche Lufthansa AG reported a first-quarter loss because of rising fuel costs and downward pressure on fares, sending the stock plunging in a sign of deepening industry woes after the German airline cut its growth plans last month.