Air France-KLM and Deutsche Lufthansa AG promised a reversal of fortunes for 2025 after a year marked by travel disruptions, ...
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Agence France-Presse on MSNStrikes hit Lufthansa profits, Olympics dent Air FranceGerman airline giant Lufthansa said Thursday its 2024 profits dived during a turbulent year marked by strikes, rising costs ...
European rival Air France-KLM also reported a big drop in its annual net income as some tourists avoided Paris during the Olympic Games last summer. Lufthansa reported a net profit of 1.38 billion ...
Lufthansa blamed high personnel costs ... buoyed by strong demand for transatlantic travel. However, Air France-KLM on Thursday posted a 6 per cent drop in operating income for the year.
Like other airline groups, Lufthansa was hit hard when the coronavirus shut down global air travel and it had to be bailed out by the German government in 2020. It recorded two years of losses ...
Air France-KLM has recently acquired 19.9% of Scandinavian airline SAS, while Lufthansa recently sealed a deal with the Italian government for a minority stake in ITA Airways. Air Europa transported ...
European airline groups Air France-KLM and Lufthansa Group were both keen to highlight strong ends to tricky financial years in results for 2024 published on 6 March.
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