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Travel & Tourism industry news by Greek Travel Pages (gtp)

Lufthansa Announces Measures to Cut Costs in Group

Lufthansa has announced that it will be cutting costs at its Group companies Austrian Airlines and Brussels Airlines in an aim to improve earnings.

Lufthansa Group: Six New Connections to United States in Summer 2020

Lufthansa Group in summer 2020 will launch connections to Las Vegas, Phoenix, Orlando, Anchorage, Seattle and Detroit from its hubs in Munich and Frankfurt.

High Fuel Costs and ‘Price War’ Hurt Lufthansa Group’s Earnings

Rising fuel costs and a "price war" on short haul routes, especially in Germany and Austria, have burdened the earnings of the Lufthansa Group.

Lufthansa Group Airlines Increase Fuel Efficiency by 30% Since 1994

The airlines of Lufthansa Group increased their fuel efficiency by 30 percent since 1994, according to "Balance", the group's 25th sustainability report.

Lufthansa Group Orders New Generation Aircraft

The Supervisory Board of Deutsche Lufthansa AG has approved the purchase of 27 short- and medium-haul Airbus A320neo and A321neo aircraft.

Lufthansa Group First Half-year Revenues Up by 5.2%

Lufthansa Group boosted revenues in the first half of 2018 by 5.2 percent driven by stronger passenger, flight and seat load.

Skytrax: Lufthansa Becomes First Five-star Airline in Europe

Lufthansa has received the five-star certification from Skytrax and became the first five-star airline in Europe.

Lufthansa Group and Air China Sign Commercial Joint Venture

The Lufthansa Group and Air China recently signed a partnership agreement in Beijing that will enable the two aviation groups to jointly operate all connections between Europe and China as part of a commercial joint venture.

Lufthansa Earnings Up, Seeks to Pick Up Speed

Reduced fuel costs and seating capacity control have in part contributed to boosting Deutsche Lufthansa AG’s profits for 2015, the German airline recently said, reluctant however to predict improved earnings for 2016, citing industry challenges ahead.

Lufthansa Buys Out Swiss

The supervisory board of Deutsche Lufthansa AG and the board of directors of Swiss International Air Lines AG late last month approved the business model jointly developed by both companies for the takeover and integration of Swiss into the Lufthansa Group.