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Greece's latest tourism industry news by Greek Travel Pages (gtp)

Lufthansa Announces Further Cuts to Fleet and Staff

Lufthansa has announced a permanent, group-wide capacity cut of 150 aircraft and a further reduction of staff.

Billionaire Shareholder Saves the Day for Ailing Lufthansa

Ailing carrier Lufthansa was saved after its top shareholder stepped in backing a 9-billion-euro rescue package put up by Germany’s Economic Stabilisation Fund.

Lufthansa Accepts Commitments to EU Commission for State Aid

Deutsche Lufthansa AG's supervisory board has accepted the €9bn rescue package offered by Germany's WSF, thereby accepting the commitments to the EU Commission.

Lufthansa Agrees to Surrender Airport Slots for Rescue Package

Lufthansa's executive board has decided to accept the conditions of the European Commission for the €9bn rescue package the airline has secured by Germany’s WSF.