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Nov 7, 2015

Lufthansa flights hit as crew start longest-ever strike

BERLIN/FRANKFURT (Reuters) – German airline Lufthansa (LHAG.DE: Quote, Profile, Research, Stock Buzz) canceled hundreds of flights on Friday and warned of more disruption on Saturday after a cabin crew union started a series of walkouts that could become the longest ever strike at the carrier.

On the first day of a planned week of protest over failed pension talks, flight attendants were instructed to strike at Frankfurt, Lufthansa’s biggest hub, and Duesseldorf between 1300 and 2200 GMT (0900 and 1800 EDT), affecting about 37,500 passengers.

Nov 6, 2015

Lufthansa flights hit as cabin crew calls Friday strike

BERLIN (Reuters) – German airline Lufthansa (LHAG.DE: Quote, Profile, Research, Stock Buzz) said it would probably have to cancel most of its short-haul flights on Friday afternoon and evening after cabin crew union UFO announced a walkout on flights from Frankfurt and Duesseldorf starting from 1300 GMT.

Flight attendants are being called to strike at Frankfurt, Lufthansa’s biggest hub, and Duesseldorf until 2200 GMT.

Nov 5, 2015

Lufthansa cabin crew to start week-long strike Friday

FRANKFURT/BERLIN, Nov 5 (Reuters) – Lufthansa’s main cabin
crew union said a week-long strike would start on Friday at the
German carrier, after last-minute talks between staff and
management over early retirement benefits and pensions broke
down.

“Friday will be the first day of the week of strikes,” cabin
crew union UFO said in a statement on Thursday.

Nov 3, 2015

Volkswagen says fuel usage understated on some models; Porsche warns

BERLIN (Reuters) – Volkswagen (VOWG_p.DE: Quote, Profile, Research) on Tuesday said it had understated the fuel consumption of 800,000 cars sold in Europe, while majority stakeholder Porsche Automobil Holding SE (PSHG_p.DE: Quote, Profile, Research) warned that VW’s latest findings could further weigh on its results.

The latest revelation about fuel economy and carbon dioxide emissions, which Germany’s largest automaker said represented a roughly 2 billion euro (£1.42 billion) economic risk, deepened the crisis at VW.

Nov 3, 2015

VW sees 800,000 more cars affected by ‘inconsistencies’

BERLIN (Reuters) – Volkswagen on Tuesday said it
had understated the fuel consumption of 800,000 cars sold in
Europe, while majority stakeholder Porsche Automobil Holding SE
warned that VW’s latest findings could further weigh
on its results.

The latest revelation about fuel economy and carbon dioxide
emissions, which Germany’s largest automaker said represented a
roughly 2 billion euro ($2.19 billion) economic risk, deepened
the crisis at VW.

Nov 3, 2015

VW says fuel usage understated on some models; Porsche warns

BERLIN, Nov 3 (Reuters) – Volkswagen on Tuesday
said it had understated the fuel consumption of 800,000 cars
sold in Europe, while majority stakeholder Porsche Automobil
Holding SE warned that VW’s latest findings could
further weigh on its results.

The latest revelation about fuel economy and carbon dioxide
emissions, which Germany’s largest automaker said represented a
roughly 2 billion euro ($2.19 billion) economic risk, deepened
the crisis at VW.

Oct 29, 2015

Cost battles cloud horizon after bright summer for Lufthansa, Air France-KLM

BERLIN/PARIS (Reuters) – Lufthansa (LHAG.DE: Quote, Profile, Research, Stock Buzz) and Air France-KLM (AIRF.PA: Quote, Profile, Research, Stock Buzz) reported better than expected third-quarter results on Thursday, thanks to cheaper fuel and strong seasonal demand, but warned they still needed to cut costs to compete with more nimble rivals.

Lufthansa also raised its profit forecast for the full year, predicting its highest ever adjusted operating profit of between 1.75 and 1.95 billion euros ($1.92-2.14 billion) this year.

Oct 29, 2015

Deutsche Post shares drop after IT delays cause earnings shortfall

BERLIN, Oct 29 (Reuters) – Deutsche Post said
revamping IT systems at its logistics unit will drag on for
several more years after its plans had to be re-examined,
leading the group to warn that earnings would fall short of its
previous expectations.

Shares in the group, known globally for its DHL delivery
brand, fell 3 percent on Thursday morning after it said late the
previous day it now expected 2015 earnings before interest and
tax (EBIT) of at least 2.4 billion euros ($2.6 billion).

Oct 27, 2015

Support, not two in cockpit, key to reducing pilot suicide risk, experts say

DUBLIN (Reuters) – Seven months after a pilot apparently crashed an airliner into a mountainside, killing himself and 149 other people, experts said better support for pilots with mental health disorders would do more to reduce the risk of pilot suicide than requiring that two people be in the cockpit at all times

Investigators believe co-pilot Andreas Lubitz deliberately crashed Germanwings A320 in France on March 24, killing all 150 people onboard. Prosecutors found evidence that Lubitz suffered from depression, researched suicide methods and concealed illness from his employer.

Oct 26, 2015

Airline industry seeks better information on conflict zones

DUBLIN (Reuters) – The aviation industry is still struggling to gain better access to information on conflict zones, more than a year after the downing of a passenger plane over eastern Ukraine last year.

In its report on the MH17 tragedy, published this month, the Dutch Safety Board said the responsibilities of states for ensuring the safety of their airspace should be more clearly defined and that the airspace should have been closed.

    • 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."
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