The FAA’s ruling allowing airlines to jam more cargo in the cabin by removing passenger seats may be a pyrrhic victory. The incentive to do so may have passed.
Some small and mid-size airlines are filing for bankruptcy, or going out of business. Lufthansa is a major airline and it too is on the ropes.
Airlines are looking at a multiyear road to parity with 2019, but bookings have given them confidence to start opening up networks closed by the coronavirus.
June is supposed to be the heavy travel season, but instead of operating full planes, airlines are busy trying to save their financial lives.
Lufthansa and Germany have agreed on a rescue plan for the airline, but the European Union wants to take a pound of flesh from the German carrier before allowing the deal to go through.
Airlines are in a no-win situation. They need money now to keep from going under but know that debt payments will make it more difficult to make ends meet in the years to come.
Lufthansa will temporarily become a German-state owned company again with a pending plan to give the airline billions of dollars in emergency aid to withstand the fallout from the coronavirus.
Face masks and other personal protective equipment are worth their weight in gold these days, and German authorities are protecting shipments accordingly. Lufthansa Airlines (FWB: LHA) on Monday opened a […]
Lufthansa and IAG Group are taking baby steps toward expanding flight schedules. That should bring in some more revenue, but Lufthansa is looking for a big bailout from the German government to get through the coronavirus crisis.
The logistics sector specializes in figuring out creative solutions to transportation and trade impediments, and a pandemic is the ultimate test. Check out what DB Schenker and Airbus are doing to increase airfreight capacity.
