Tag: Lufthansa

German flag carrier Lufthansa has announced that it will cut 20% of its leadership positions and 1,000 administrative jobs, in a restructuring plan to cope with the economic fallout of the coronavirus pandemic.  After downsizing the executive board of the Lufthansa parent company, the corporation is now also planning similar actions at its subsidiaries, with Lufthansa Cargo AG, LSG Group, and Lufthansa Aviation Training set to lose one board position each.  The airline said that it would also halve its investment in new aircraft, although it could still add up to 80 new planes by 2023. According to a statement, ... Read more

In the biggest ever bailout package in aviation history, Lufthansa and the German government have finalised the terms of a €9 billion ($9.8 billion) rescue deal, following weeks of intense negotiations over the future of the airline. The rescue package will give the government a 20% stake in the group, which owns airlines in Germany, Austria, Switzerland and Belgium. Lufthansa said in a statement that Germany’s Federal Economic Stabilization Fund, which is being used to assist companies hit by the corona virus pandemic, has approved a “stabilization package,” which the company’s executive board supports. Underscoring the trouble facing airlines, Lufthansa’s ... Read more

German carrier Lufthansa said that it has plans to begin service from Austin to Frankfurt in May 2019. The nonstop service will be available on Mondays, Wednesdays, Fridays, Saturdays, and Sundays. The first Austin-Frankfurt Lufthansa flight is scheduled for May 3, 2019. Tickets are already on sale at lufthansa.com. “We are thrilled to announce the launch of nonstop service between Austin, Texas, and our Frankfurt hub in May of next year, which will offer Austin area residents a world of travel opportunities to more than 200 destinations in 100 countries from our European base. Those living in Texas’ state capital will ... Read more

Tourism Minister of Israel Yariv Levin, said Lufthansa AG will begin operating four weekly flights to southern Israeli beach town Eilat. He was speaking at a conference on tourism and technology held by Calcalist in Tel Aviv. Lufthansa later confirmed the service, saying it will begin operating October 28. Levin celebrated the rising popularity of the southernmost Israeli city, which is located at the northern tip of the Red Sea. International tourism to once-popular Israeli vacation town is booming again, thanks to a 2012 reform that removed restrictions on foreign carriers offering service to Israel and a marketing campaign centered ... Read more

Lufthansa Group is present at the International Tourism Fair Berlin (ITB) with the motto “Welcome to an open world,” and offers visitors numerous interactive travel experiences. Thanks to augmented reality, you can travel to the world’s metropolises New York, Mumbai or Shanghai in just a few seconds. Visitors can dive into virtual worlds and experience a street band in New York, a Holi festival in India or see Shaolin monks in Shanghai. A special feature of this experience is that guests can interact directly with their surroundings, for example, drum with the street musicians in New York. Every vacationer participant ... Read more