Lufthansa has also noticed a negative effect on demand as customers were more cautious in booking flights with a higher than usual risk of cancellations.
A selection of 50 new routes starting over the coming weeks, including services being launched by Scandinavian Airlines (SAS), Air France and Lufthansa.
Several airlines have made changes to their routings or schedules following Iran’s attack on Israel over the April 13-14 weekend and related airspace closures.
Lufthansa and its cabin crews have reached a long-term pay agreement that is expected to provide labor peace in return for raises in salaries and extras.
The CEOs of Air France-KLM, easyjet, Lufthansa and Ryanair argue that consolidation in Europe is a key ingredient for a globally competitive aviation industry.
Dorothea von Boxberg is interested in upgauging and having an aircraft type that offers more range than the A330-300, but consistent profits must come first.
After a recent Morgan Stanley research note proclaimed Embraer its "top pick in aerospace," the Brazilian OEM's stock price surged 10% in a single day.
It may turn out that a deal that took the industry by surprise when it was announced in late 2023 could be the first to take a concrete consolidation step.
