BERLIN, Sept 28 (Reuters) – Venerable old airlines Lufthansa
and Air France know the smart money is in
the low-cost market -Ryanair raised its forecasts again
on Thursday – but powerful labour unions are keeping them from
The full-cost airlines were slow to respond to the explosive
growth of the likes of Ryanair and easyJet from the late
1990s for fear of cannibalising their main revenue and because
the upstarts were not directly competing on the same routes, and
the efforts of Lufthansa and Air France were modest at best.
BERLIN/PARIS, Sept 15 (Reuters) – A team of scientists
identified on Monday the point on the surface of a comet, known
as “Site J,” where they aim to land a probe in what would be a
historic breakthrough for their decade-long project.
The probe or lander will be dispatched from the Rosetta
spacecraft, which was launched by the European Space Agency
(ESA) in 2004 and has been tracking comet
67P/Churyumov-Gerasimenko on its trip around the sun.
BERLIN/FRANKFURT (Reuters) – Lufthansa said it would offer pilots more definite details of an early-retirement package as it seeks to avert further costly strikes after Germany’s flagship airline saw three walkouts announced in the space of two weeks.
“We want to provide the pilots with a more concrete offer, which we will work on over the next few days,” Lufthansa Chief Executive Carsten Spohr told reporters at an event in Frankfurt on Tuesday. “This offer will be communicated at the start of next week.”
BERLIN (Reuters) – Pilots at Lufthansa’s (LHAG.DE: Quote, Profile, Research, Stock Buzz) budget carrier Germanwings staged a six-hour strike on Friday, disrupting travel plans of thousands of people returning from summer holidays and putting pressure on Lufthansa management in a pension scheme dispute.
Pilots’ union Vereinigung Cockpit (VC) wants Lufthansa to maintain an early retirement scheme that allows pilots to retire at 55 and still receive up to 60 percent of their pay until state pension payments kick in.
FRANKFURT/BERLIN, Aug 28 (Reuters) – A row at German airline
Lufthansa over an early retirement scheme for its
pilots shows no sign of being resolved any time soon after talks
broke down and a strike was announced for Friday at its low-cost
The Lufthansa pilots want the management to maintain a
scheme that allows them to retire early at 55 and still keep
some of their pay until they reach the age at which state
pension payments start.
FRANKFURT/BERLIN (Reuters) – Lufthansa said talks with pilots over an early retirement scheme had ended without an agreement on Thursday, leading to strike action on Friday that will affect thousands of travellers coming back from summer holidays.
The Lufthansa pilots want the management to maintain the scheme that allows them to retire early at 55 and still keep some of their pay until they reach the age at which state pension payments start.
FRANKFURT/BERLIN (Reuters) – Pilots at Lufthansa’s (LHAG.DE: Quote, Profile, Research, Stock Buzz) budget carrier said they would walk off the job on Friday if an agreement on an early retirement scheme is not reached, upping the pressure on the airline’s management for talks planned on Thursday.
Like their colleagues in other Lufthansa units, the pilots at low-cost carrier Germanwings want the management to maintain the scheme that allows them to retire early at 55 and still keep some of their pay until they reach the age at which state pension payments start. [ID:nL5N0QW4F3]
BERLIN, Aug 25 (Reuters) – Lufthansa has asked the
German pilots’ union VC to return to talks as the airline tries
to stave off another costly strike over changes to an early
Vereinigung Cockpit (VC), which represents most of
Lufthansa’s 5,400 pilots, decided in favour of imminent
industrial action after it said late on Friday that talks about
the scheme had failed.
BERLIN, Aug 25 (Reuters) – Crowdfunding has been used to
finance everything from bands to business start-ups, social
causes and even plastic surgery. Now it’s being used to buy
A new online platform is attempting to attract investors to
finance the purchase of small regional passenger jets – deals
that have often struggled to find backing from traditional
BERLIN (Reuters) – Sponsors Puma, Evonik and Signal Iduna will buy a stake in Borussia Dortmund as the Ruhr Valley club raises funds to compete with Bayern Munich, the German league champions.
Dortmund BVB.DE said on Thursday they will issue up to 24.5 million shares in a capital increase worth up to 114.4 million euros (92 million pounds) to boost finances and reduce its debt.