Germany’s state Economic Stabilisation Fund (ESF) has cut its stake in Deutsche Lufthansa (LHAG.DE) to less than 10%, the Federal Finance Agency said on Wednesday, citing stabler conditions at the group.
There is an announcement by Fraport that it intends to reduce the number of take-offs and landings at Frankfurt Airport to 88 movements per hour from next week are the right step to stabilise flight operations. Lufthansa Airlines said this.
Russian invasion will not affect Lufthansa’s recovery plans even if they have to fly a longer route than previously. They are predicting heavy summer leisure demand, particularly on European short- and medium-haul routes. Before the invasion, they operated only about …
Germany’s national airline, Lufthansa Airlines said that the flight bookings for Easter and summer are “partially above pre-crisis levels” as travel restrictions are eased and passenger confidence returns.