As virus cases spike, financial outlook for airlines dimsWith coronavirus cases spiking in the U.S. and Europe, the financial outlook of the world’s airlines is getting worse. The latest estimate breaks down to airlines losing ...
Lufhansa see revenues drop 80%, no full recovery until 2024Especially for long-haul routes there will be no quick recovery, CEO Carsten Spohr said in a statement accompanying the quarterly earnings statement. Lufthansa said it ca...
EU says conditions needed in Lufthansa bailout, seeks dealBRUSSELS The EU competition chief said Friday that she is not creating extra hurdles" for Lufthansa after the airline balked at accepting a 9 billion-euro German governm...
