Lufthansa on the verge of restructuring?

Discussion about a lean holding company has begun/Foto: Lufhansa

 

First the profit warning, then the fall in the share price, Lufthansa recently shocked investors. Various media speculate that Group CEO Spohr could counter the increasing pressure with a restructuring. Apparently a lean holding company is being discussed.

Lufthansa could transform itself into a holding company in the future. The “Handelsblatt” writes that a new, leaner group structure is being discussed in the company’s Executive Board and parts of the Supervisory Board. Continue reading “Lufthansa on the verge of restructuring?”

Current situation of global air traffic

Global Aviation Monitor (GAM) of the German Aerospace Center (DLR) shows decline in air traffic/photo: tagesschau.de

 

After many years of growth in global air traffic with increasing flights, passengers and flight connections, a slowdown in development is currently becoming apparent. Global passenger flight movements increased by only 1.5 percent in June, from 3.3 million in June 2018 to just under 3.4 million in June of this year. Continue reading “Current situation of global air traffic”

Lufthansa does not feel a “Greta effect”

Prices below 10 euros per flight are economically and ecologically and also politically irresponsible says Lufthansa CEO Carsten Spohr/Foto: Lufthansa

“We do not currently see any restraint – on the contrary,” Lufthansa Group CEO Carsten Spohr told the Neue Züricher Zeitung (NZZ) on 14 July in an interview on the question of a possible Greta effect. The Swedish schoolgirl Greta Thunberg is the initiator of the worldwide student protests, which also blame the growing number of flights for climate change. Continue reading “Lufthansa does not feel a “Greta effect””

Lufthansa Group awarded four airline Oscars

Best in Europe: Lufthansa, Austrian Airlines, SWISS/Foto: Lufthansa Group

Despite the share crash and profit warning: the appreciation of passengers continues unabated. The Lufthansa Group has been voted “Best Airline in Europe” and “Best Western European Airline” for the third time in a row and ranks 9th among the top 10 airlines in the world. The prize was awarded on 18 June by the market research institute Skytrax at the Paris Air Show. Continue reading “Lufthansa Group awarded four airline Oscars”

Kerosene from sunlight, water and CO2

Solaranlage SUN-to-LIQUID zur Herstellung von Kerosin/Foto: DLR

The conversion from fossil to renewable fuels is one of the most important challenges of the future. The “SUN-to-LIQUID” project, funded by the European Union and Switzerland, was the first to produce solar kerosene. The production of renewable kerosene from water and CO2 is made possible by concentrated sunlight. Continue reading “Kerosene from sunlight, water and CO2”

ECG and telemedicine on Lufthansa long-haul flights

ECG at an altitude of 10,000 metres/photo: Lufthansa

With immediate effect all Lufthansa long-haul flights are equipped with the mobile “ECG system CardioSecur”. The system enables flight attendants to record an ECG in medical emergencies without cardiological expertise, which is sent directly to a medical hotline on the ground for diagnosis. Continue reading “ECG and telemedicine on Lufthansa long-haul flights”

First European factory for biokerosene

Visualization of the plant in Delfzijl: 100,000 tons of fuel per year/photo: aero telegraph

 

In 2022, the first European factory for biokerosene starts operations in the Netherlands. KLM undertakes to purchase the majority of its production. Continue reading “First European factory for biokerosene”

Lufthansa cancels growth plans of low-cost subsidiary Eurowings

Eurowings Airbus A330/Foto: Lufthansa

The Lufthansa Group has cancelled the growth plans of its low-cost subsidiary Eurowings. In the current year, Eurowings’ flight offerings will remain at the previous year’s level, the Airline group announced in Frankfurt on April 30 when presenting the quarterly figures. Most recently, the Board of Management had had an increase of two percent in mind.

The evaporated plans are intended to help ensure Continue reading “Lufthansa cancels growth plans of low-cost subsidiary Eurowings”

“Europe is close to Lufthansa’s heart”

Lufthansa Airbus A320 AIZG calls for European elections /Photo: Lufthansa

 

 

Since 24 April – four weeks before the election of the European Parliament – an Airbus A320 has been carrying a call for European elections on its fuselage instead of the usual Lufthansa lettering: “SayYesToEurope“. Continue reading ““Europe is close to Lufthansa’s heart””

Comac soon next to Airbus and Boeing third power in the sky?

Photo: english.comac.cc

Two consecutive crashes have severely damaged Boeing’s image in China. The Chinese state-owned aircraft manufacturer Comac wants to profit from this and is ready to attack.

The plane crashes in Indonesia and Ethiopia with a total loss of 346 people are also a big topic in China. On state television and on the Internet, animations are shown in which the nose of the 737 Max plane seems to swing uncontrollably up and down in the air until a crash occurs. But it’s not just the Boeing disaster that is being reported. It’s also about how China’s own aircraft manufacturer Comac is positioned. The state concern has the order to blow up the, Duopol´ Boeing and Airbus in the sky. Continue reading “Comac soon next to Airbus and Boeing third power in the sky?”