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Tag: Lufthansa
Germany Plans To Sell 6.2% Worth $458 MLN Stake In Lufthansa
Germany plans to sell a stake in Deutsche Lufthansa AG worth as much as 458 million euros ($458 million), unwinding a part of the holding it took to keep the…
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Lufthansa To Cancel Flight Operations As Pilots Mull Strike
In a statement released on Thursday, September 1, 2022, Lufthansa cited the planned strike by its pilots, as it canceled flights, particularly flights from its two biggest hubs, Frankfurt and…
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After $2Billion Loss,Lufthansa Plans Compulsory Lay-offs
Lufthansa has put German workers on notice of compulsory lay-offs, saying tumbling air travel and slow progress in union negotiations meant cuts were unavoidable after it lost 1.7 billion euros…
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Lufthansa to Sack 22,000 Employees
German airline Lufthansa has said it will have to slash 22,000 full-time jobs as it predicts a muted recovery in demand for travel following the coronavirus pandemic. “The recovery in…
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