Victoria's Feed
Oct 30, 2014

Lufthansa cuts 2015 profit goal on weak economy and falling ticket prices

BERLIN, Oct 30 (Reuters) – Germany’s Lufthansa has
lowered its profit guidance for 2015 for the second time this
year, due to a stuttering global economy and falling ticket
prices, and said any further strikes could also impact the
target for this year.

The airline, Europe’s largest by revenue, said it now
expected its 2015 operating profit to be “significantly above”
the 1 billion euros ($1.3 billion) seen for 2014, compared with
a previous forecast for 2 billion.

Oct 24, 2014

Strike costs, oil effect in focus for Europe’s airlines

BERLIN/PARIS, Oct 24 (Reuters) – Europe’s airlines will feel
the full benefits of lower oil prices only next year and third
quarter results from Lufthansa and Air France-KLM
will show the damage done by recent strikes.

After years of painful adjustment to high fuel costs, the
recent drop in oil prices may seem an obvious windfall for
airlines but hedging strategies and currency effects soften its
impact and some analysts fear it could herald an era of falling
yields.

Oct 23, 2014

Engine parts supplier questions case for Airbus A380 upgrade

BERLIN/PARIS, Oct 23 (Reuters) – The case for developing new
engines for a sales-boosting upgrade to Airbus’s A380 passenger
jet has been called into question by a partner in one of the
planemaker’s engine suppliers.

A lean sales patch has increased pressure on Airbus
to bow to the demands of its biggest customer – Dubai’s Emirates
airline – for new engines for the 525-seat A380, the world’s
largest airliner, to improve its efficiency after the recent
launch of rival Boeing’s 406-seat 777X.

Oct 21, 2014

Airbus offers long-range version of A321neo, targets Boeing 757

Oct 21 (Reuters) – Airbus Group NV said on Tuesday
that it has begun offering airlines a long-range version of its
A321neo jetliner, aimed at replacing Boeing Co’s 757
jetliner, a long-range single-aisle jet that is no longer in
production.

“The long-range version of the A321neo will be the ideal 757
replacement with true transatlantic range, 25 percent lower fuel
burn and true long-range comfort,” an Airbus representative told
Reuters.

Oct 21, 2014

Lufthansa pilots threaten more strikes as long haul hit

FRANKFURT/BERLIN, Oct 21 (Reuters) – Lufthansa pilots
threatened to call further strikes this week after the latest
stoppage in a dispute over retirement benefits grounded
two-thirds of its flights on Tuesday.

Pilots began a strike at lunchtime on Monday on short haul
flights and widened that to include lucrative long haul routes
on Tuesday in a protest scheduled to end only late in the
evening.

Oct 20, 2014

German strikes prompt calls to curb smaller unions

BERLIN, Oct 20 (Reuters) – A succession of strikes by German
pilots and train drivers has left companies, politicians and
travellers pushing for measures to curb the power of smaller
unions in Europe’s largest economy.

Following a 50-hour strike by train drivers leaving millions
stranded over the weekend, Lufthansa pilots followed
up with their eighth strike action of the year on Monday and
Tuesday, causing flight disruptions for hundreds of thousands of
travellers.

Oct 14, 2014

Airbus CEO says may shun Germany for helicopter programmes

BERLIN, Oct 14 (Reuters) – Airbus is seriously
considering building new helicopter programmes in France rather
than Germany in the future due to a restrictive export policy in
Europe’s largest economy, the chief executive of the group told
Reuters.

Airbus is currently considering a follow-up model to its
Super Puma helicopter, which can be used for military missions
as well as civilian operations, such as transporting workers to
oil rigs.

Oct 10, 2014

Airbus signs tentative deal to open new plant in China

BERLIN, Oct 10 (Reuters) – Airbus took a step on Friday
towards opening a second plant in China by signing a letter of
intent with Chinese authorities to set up a cabin completion
centre for its wide-body A330 jets.

The tentative agreement, signed in Berlin during a visit by
Chinese Premier Li Keqiang, coincided with a deal to sell 70
smaller A320-family jets worth $7 billion at list prices.

Oct 10, 2014

Air Berlin dealt blow as Germany rejects some Etihad codeshare flights

BERLIN (Reuters) – Germany is blocking Abu Dhabi-based airline Etihad from selling tickets for some flights operated by partner Air Berlin, meaning the German airline could lose out on passengers it needs to fight its way back to profit.

Air Berlin, in which Etihad owns a 29 percent stake, said on Friday that 34 so-called codeshare flights with Etihad for its winter schedule had failed to win the approval of the German federal aviation authority (LBA), despite having been cleared in the past. The flights account for around 46,000 bookings.

Oct 2, 2014

Air industry battles Ebola with heat scans and handwash

BERLIN, Oct 2 (Reuters) – Airlines and airports handling
travel to countries worst hit by the Ebola epidemic are trying
to prove that flying to West Africa is safe, following concerns
that the first case diagnosed in the United States could curtail
worldwide services.

Some airlines have already suspended or cut back flights
since the summer, and only one European carrier now offers
direct services to Guinea, Sierra Leone and Liberia. However,
those still operating have taken measures to protect passengers
and crew, along with airports in the region and beyond.

    • About Victoria

      "Based in Frankfurt, covering German companies in the retail, travel and leisure sectors. In my previous Reuters incarnation in London, I focused on green tech firms, utilities and an array of smallcaps that came my way on the Breaking News team. I started my career as a translator with the Financial Times in London before switching into journalism."
    • Follow Victoria