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Deutsche Lufthansa AG (DLAKF)

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5.800.00 (0.00%)
As of 10:55AM EDT. Market open.
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  • Reuters

    Factbox-Europe's travel disruption stretches into autumn

    After sweeping job and pay cuts when COVID-19 brought travel to a grinding halt, staff across the industry from pilots to baggage handlers are asking for big pay increases and better working conditions. ** European flights faced widespread disruption on Sept. 16 as a French air traffic controllers' strike forced airlines to cancel half of those scheduled to arrive or depart Paris airports and others due to have flown over France. Ryanair said the travel plans of 80,000 passengers had been affected as it cancelled 420 flights, mainly intended to fly over France.

  • Reuters

    Swiss airline pilots march on HQ to press contract demands

    More than 300 pilots marched on Swiss International Air Lines headquarters near to Zurich airport on Thursday to press their contract demands ahead of a possible walkout next month. Pilots at Swiss, a unit of Deutsche Lufthansa, have been working without an accord since April after management rejected a tentative deal from initial talks, the Aeropers union has said. Swiss management has offered to take the case to an arbitration panel, while pilots have made a counteroffer.

  • Reuters

    Sale of Lufthansa Technik stake draws interest from financial investors - source

    BERLIN (Reuters) -Lufthansa's plan to sell a stake in its aircraft maintenance business Lufthansa Technik has drawn more interest from financial investors than rival engineering firms, a source told Reuters on Thursday. Lufthansa was more likely to opt for a stake sale of around 20-30% than the alternative of launching an initial public offering, the source added. Separately, business daily Handelsblatt reported that Lufthansa is planning to start talks with private equity investors in December about the stake sale.