Tag: Lufthansa
Lufthansa Nearing Deal To Buy 40% Of ITA Airways
Lufthansa has agreed to buy a 40% stake in ITA Airways, as per an agreement with the Italian government.
An official agreement is set to...
EU Court Backs Ryanair Challenge To Lufthansa State Aid
On Wednesday, Lufthansa faced a setback when the second-highest court in Europe ruled in favor of Ryanair. The court annulled a decision made by...
Germany Seeks $458M From Lufthansa Stake Post Bailout
Germany is looking to raise as much as 458 million euros ($458 million) from the sale of a stake in Deutsche Lufthansa, unwinding part...
German Watchdog Says Lufthansa Must Not End Cooperation Deals With Condor
Germany's cartel office has prohibited Lufthansa from ending long-term cooperation agreements with charter airline Condor until further notice, saying the national carrier was hindering...
EU Court OKs Lufthansa & EasyJet To Buy Air Berlin Assets
On Wednesday, October 20, Lufthansa and easyJet gained backing from Europe's second top court for their acquisitions of insolvent German carrier Air Berlin's assets...
Lufthansa Plans To Increase Capital To Repay State Bailout
Lufthansa announced on Sunday, September 19, it would launch a capital increase that was expected to raise €2.14 billion (US$2.51 billion) to pay back...
Condor Files ECJ Complaint Demanding Stricter EU Lufthansa Conditions
German charter airline Condor has asked the European Court of Justice to stop larger rival Lufthansa from canceling an agreement between the two firms...
Ryanair Wants EU Watchdog To Check Lufthansa Price-Fixing
Ryanair has filed a complaint to EU antitrust regulators about alleged talks between Lufthansa’s Italian unit Air Dolomiti and three Italian airlines to fix...
€9B Bailout Larger Than Needed Says Lufthansa Chief: FT
Lufthansa chief executive Carsten Spohr has admitted that the group’s €9 billion (US$10.1 billion) bailout package from the German government is larger than what...
Germany Reaches EU Deal On $9.9B Lufthansa Bailout
German flagship airline Lufthansa agreed Saturday to a compromise worked out between the government and the European Union, overcoming a major hurdle toward final...