LUFTHANSA GROUP REPORTED 1.8 BILLION EURO IN LOSSES UP TO SEPTEMBER
Lufthansa Group recorded 1.877 billion euros in losses during the first nine months of this year, 66% less than the 5.584 billion euros loss a year earlier. ...
GERMAN AIRLINE GROUP DOUBLES PROFITS IN 2023
Lufthansa, a leading airline group, reported an outstanding financial performance in 2023. The group's net profit for the year amounted to €1.67 billion, representing a significant increase of 112% fr ...
RYANAIR WINS THE CASE AGAINST STATE AID FOR COMPETITORS
Ryanair has won a legal battle against KLM regarding state aid from the Netherlands. Last week, the EU court ruled that the EU Commission was wrong to approve KLM's 3.4 billion euro aid package. This ...
LOTS OF POTENTIAL IN TOURISM STOCKS
Despite incidence numbers at record levels, hospitalization rates remain low. The prevalence of omicron variants is easing, and corona measures are being significantly relaxed in an increasing number ...
AVIATION ASSOCIATIONS EXPECT RECOVERY IN SUMMER 2021
The skies are getting crowded again as the demand for air travel is rising, and airlines are expanding their capacities getting ready for summer 2021. Experts see some hope coming back in the industry ...
