$LHA-DE News
Last published 5mo ago
- 5mo agoEZJ-GBRYAAYLHA-DEAirline profits set to halve this year as fuel costs jump by $100 billion: IATACNBC"The big unknown is how long travelers and shippers can tolerate the higher costs," IATA's Willie Walsh said.
- 1y agoLHA-DECRMDUOLKLAR+2Companies are blaming AI for job cuts. Critics say it’s a 'good excuse'CNBCWorkers are spooked as firms declare AI driven layoffs, but some critics tell CNBC that the current reductions may be a "market clearance' due to overhiring.
- 1y agoNG.-GBIAG-GBLHA-DEESYJYHeathrow Airport had enough power to avoid shutdown after fire, Britain’s National Grid saysCNBCLondon’s Heathrow Airport closed on Friday after a fire at a nearby electrical substation, resulting in hundreds of flight cancellations.
- 1y agoLHA-DEBAAIR-FRLufthansa hopeful Trump administration will spur Boeing deliveries as delays hit bottom lineCNBCThe German airline group has been struggling with its ageing fleet as hundreds of newer models face delivery delays.
- 4y agoEZJ-GBAALRYA-IEAF-FR+2International airlines launch battle plans to deal with summer of travel chaosCNBCEmirates and Ryanair are among the airlines running operations as usual, while KLM and easyJet have altered their schedules.
- 4y agoLHA-DEEuropean carriers are flying thousands of near-empty planes this winter just to keep their airport slotsCNBCAirlines in the EU have complained that other regions and continents are not imposing such requirements.
- 5y agoRY4C-IEEZJ-GBIAG-GBLHA-DE+1Europe's low-cost airlines could have the edge in a post-Covid worldCNBCIt's been a bruising time for airlines as the coronavirus pandemic brought travel to a halt. But now, low-cost carriers seem to be showing signs of recovery.
- 5y agoRY4C-IEEZJ-GBLHA-DEIAG-GBAirlines are overhauling their business models after the devastating shock of CovidCNBCAirlines in Europe are looking at sunshine and beaches as their route to making money again.
- 5y agoTUI1-DELHA-DEEZJ-GBEuropean travel stocks surge after UK announces its end-to-lockdown planCNBCEuropean travel stocks soared on Tuesday morning as customers rushed to make new bookings after the U.K. announced its plan to end coronavirus restrictions.
- 5y agoPFEBNTXDPW-DELHA-DEWatch top business and health leaders discuss how to get vaccines to everyoneCNBCNow that companies have developed effective coronavirus vaccines, the next big challenge is shipping them to as many people as possible.
- 6y agoTWLOLHA-DEUBERTWTR+3Europe's answer to Twilio is now valued at $3 billion, as pandemic fuels cloud boomCNBCAmsterdam-based MessageBird has raised $200 million in a mega-round of funding that values the company at $3 billion.
- 6y agoSXTPEX-CHEZJ-GBRY4C-IELHA-DE+1European travel stocks are still nowhere near their pre-coronavirus levelsCNBCThe Stoxx 600 travel and leisure sector sank 42% in the first quarter of 2020. It recovered only marginally in the second quarter.
- 6y agoLHA-DELufthansa posts 2.1 billion euro net loss after 'drastic decline' in air travel in the first quarterCNBCLufthansa reported a significant loss for the first three months of the year and said restructuring was necessary as its results were "significantly impacted" by the Covid-19 pandemic.
- 6y agoIAG-GBLHA-DEBritish Airways warns as many as 12,000 jobs to goCNBCBritish Airways plans to cut as many as 12,000 jobs in response to the coronavirus crisis that means that passenger numbers will take years to recover, its owner International Consolidated Airlines Group said on Tuesday.
- 6y agoAF-FRLHA-DEEZJ-GBAir France-KLM to receive up to $12 billion in state aid to deal with Covid-19 blow outCNBCAir France-KLM will receive up to 11 billion euros ($12 billion) in financial aid from the French and Dutch government as the coronavirus pandemic pushes many airlines closer to bankruptcy.
- 6y agoLHA-DEBMW-DEVOW3-DEDAI-DEGermany is using a familiar weapon to prevent massive layoffsCNBCShort-term working worked well as a tool to prevent massive layoffs during the last crisis.