- Reuters
Aircraft delivery delays having 'brutal' impact on Lufthansa, says CEO
Speaking at the business press club in Stuttgart late Thursday, Spohr said the aircraft shortage could be costing Lufthansa some 500 million euros ($535.00 million) a year, although he did not provide an exact figure. Lufthansa has ordered 250 new aircraft from Airbus and Boeing to modernize its fleet, with deliveries scheduled between 2024 and 2029. However, "no plane arrives on time," said Spohr, adding that around 100 of Lufthansa's 750 aircraft were grounded either for maintenance reasons or because they had been decommissioned.
- Reuters
Lufthansa to raise fares by up to 72 euros as environmental costs increase
(Reuters) -Lufthansa will add an environmental charge of up to 72 euros ($77) to its fares, the airline group said on Tuesday, joining at least one European rival in doing so as the industry battles to cover the cost of new EU rules on reducing emissions. Fares will go up between 1 euro and 72 euros, depending on the type of ticket, on all flights departing from European Union countries, Britain, Norway and Switzerland, the German airline group said. It said the charge would "cover part of the steadily rising additional costs due to regulatory environmental requirements" such as sustainable aviation fuel (SAF) made from bio-based materials - regarded as crucial to making flying less polluting.
- Zacks
DLAKY vs. LUV: Which Stock Is the Better Value Option?
DLAKY vs. LUV: Which Stock Is the Better Value Option?
