Lufthansa
Lufthansa says 30,000 jobs at risk over pandemic
The executive board of Europe's largest airline said in a letter to employees that it was now 'harder than ever' to predict how the aviation industry will...
'Global air traffic has come to a virtual standstill in recent months. This has impacted our quarterly results to an unprecedented extent,' board chairman Carsten Spohr said in a statement.
The largest German corporate rescue since the coronavirus crisis struck will see the government get a 20% stake, which could rise to 25% plus one share in the event of a takeover attempt, as it seeks to protect thousands of jobs.
If agreed, the solution would close weeks of wrangling over Lufthansa between Chancellor Angela Merkel's CDU conservatives and their centre-left junior partners the SPD.
Among the group's 135,000 employees, cabin crew, ground crew and for the first time ever pilots are all affected by the measure, a spokesman told AFP.
The group's namesake carrier and subsidiaries Austrian and Swiss will not fly to and from mainland China until 24 April, Lufthansa said in a statement.
International Airlines Group’s British Airways suspended flights on Saturday for seven days 'as a security precaution' as it reviews security at Cairo airport.
Last Wednesday and Thursday, in particular, passengers saw flights delayed throughout the day.
German airline Lufthansa, whose main hub is in Frankfurt, said on Twitter that boarding had been stopped at the A and Z levels of the airport’s Terminal 1.
Co-pilot Andreas Lubitz deliberately flew the Germanwings A320 jet into a French mountainside in 2015, killing all 150 people on board.
Pilots staged a four-day strike last week then resumed their protest over pay that dates back to early 2014.
The strike, the fifteenth since April, is set to disrupt services into Johannesburg and Cape Town.
Lufthansa said all flights would start on schedule on Monday as there had been no further strike call from VC.
The 876 cancellations, out of roughly 3,000 scheduled flights for the day, will affect around 100,000 passengers.
Other European airlines have been knocked by attacks and the Brexit vote and have cut back on growth.
Today’s strike will affect short and long-haul flights under the Lufthansa brand at Frankfurt and Munich.
The video was found on a mobile phone belonging to one of the passengers killed on the flight.
German tabloid 'Bild' said Andreas Lubitz spent over a year in psychiatric treatment.
US law enforcement analyst Tom Fuentes says the FBI will help zero in on what was behind the crash.