Tag Archives: Lufthansa

Lufthansa to bid for Thomas Cook’s Condor Flugdienst

Condor Flugdienst-Thomas Cook Boeing 757-330 WL D-ABOL (msn 29021) AYT (Ton Jochems). Image: 946462.

Lufthansa is prepared to make an offer for Condor Flugdienst from the Thomas Cook Group according to Reuters. It will also offer an option to acquire the other Thomas Cook airlines.

Read the full story from Reuters: CLICK HERE

Top Copyright Photo: Condor Flugdienst-Thomas Cook Boeing 757-330 WL D-ABOL (msn 29021) AYT (Ton Jochems). Image: 946462.

Condor aircraft slide show:

Advertisements

Lufthansa takes delivery of its first Airbus A321neo

Lufthansa's first Airbus A321neo, delivered May 4, 2019 as D-AIEA

Lufthansa on May 4, 2019 took delivery of its first Airbus A321neo – A321-271NX D-AIEA (msn 8761, ex D-AZAM).

Top Copyright Photo: Lufthansa Airbus A321-271NX WL D-AZAM (D-AIEA) (msn 8761) XFW (Gerd Beilfuss). Image: 946419.

Lufthansa aircraft slide show:

Lufthansa promotes the European elections

Lufthansa has made this announcement with photos:

Custom “SayYesToEurope” livery on a Lufthansa Airbus A320

Lufthansa is sending a very special signal four weeks before the start of the European elections, taking place on May 23-26: As of April 24, an Airbus A320 will be branded with the slogan “SayYesToEurope” in large letters across its fuselage in place of the usual Lufthansa writing.

With this initiative, Lufthansa is actively promoting a higher voter turnout for the European elections.

“With their vote in May, the citizens of Europe will decide the future of the European community. Now more than ever, it is a question of taking a stand, taking responsibility and strengthening the idea of a united and free continent. As a genuine European company with roots in several countries in the heart of Europe, our airlines, such as Lufthansa, SWISS, Austrian Airlines, Eurowings, Brussels Airlines and Air Dolomiti connect the continent’s countries with each other and connect Europe with the world. For this reason, Europe is very close to our hearts,” says Lufthansa CEO Carsten Spohr.

With 3,000 daily flights between European airports, Lufthansa’s aircraft take off and land in almost every country in Europe. In addition to the newly custom-designed A320 with the D-AIZG registration, the standard design for all Lufthansa aircraft will also be changed moving forward: From now on, the European flag will be additionally placed next to the German flag as part of the aircraft registration code near the rear of the fuselage.

“SayYesToTheWorld” is our global brand campaign – “SayYesToEurope” is our initiative to appeal to all Europeans to say YES to Europe, and participate in the European elections – our Europe needs your vote,” says Spohr.

The aircraft with the custom design is part of a larger initiative that is also supported by Lufthansa. For years now, more than half of the eligible voters in Germany have not exercised their right to vote in the elections for the European Parliament. For this reason, Lufthansa and other companies, agencies and public figures have joined forces to motivate people to vote again.

Additional information on the campaign is available at sayyestoeurope.de.

Lufthansa Group loses 336 million euros in the first quarter

Lufthansa Group issued this statement:

Substantial industry-wide capacity growth in Europe leads to lower unit revenues on short- and medium-haul routes in comparison to the high levels seen in the prior-year period

  • Higher fuel cost of some EUR 200 million negatively impacts results
  • Group confident to increase unit revenues in the second-quarter period in view of favorable booking levels
  • 2019 full-year outlook remains unchanged

On a preliminary basis, Deutsche Lufthansa AG generated total revenues of EUR 7.9 billion in the first three months of 2019, a 3-percent increase on the prior-year period. Adjusted EBIT for the period amounted to EUR -336 million ($380 million US) on a preliminary basis (prior year: EUR 52 million).

Among other factors, first-quarter Adjusted EBIT was reduced by a EUR 202 million rise in fuel costs. Market-wide overcapacities in Europe also put downward pressure on fares. The negative trend was accentuated by the fact that first-quarter results for 2018 had been particularly strong, owing to the capacity reductions deriving from Air Berlin’s demise.

On this basis, the Lufthansa Group’s Network Airlines suffered a 5.2-percent currency-adjusted decline in their unit revenues for the period. The unit revenue decline at Eurowings, with its higher proportion of short- and medium-haul routes, amounted to 8.5 percent. First-quarter unit costs (ex fuel) decreased 0.8% percent at the Network Airlines and 7.2 percent at Eurowings, both on a currency-adjusted basis.

Lufthansa announced when presenting its 2018 annual results that, in view of the overcapacities in Europe, the strong comparable results for the prior-year period and the interim rise in fuel costs, earnings for the first quarter of 2019 were likely to be down from their prior-year level.

On a preliminary basis, the Network Airlines achieved an Adjusted EBIT of EUR -160 million (prior year: EUR 128 million) for the first quarter of 2019, while Eurowings saw its Adjusted EBIT for the period decline to EUR -257 million (prior year: EUR -212 million). First-quarter Adjusted EBIT for Lufthansa Cargo amounted to EUR 24 million (prior year: EUR 72 million), a 67-percent decline that is attributable to downward airfreight market trends, especially on routes between Europe and Asia. Lufthansa Technik reports a first-quarter Adjusted EBIT of EUR 125 million (prior year: EUR 107 million), while LSG achieved an Adjusted EBIT for the period of EUR 2 million (prior year: EUR 1 million). Adjusted EBIT for the Other Businesses amounted to EUR -59 million (prior year: EUR -29 million).

For 2019 as a whole, the Lufthansa Group confirms its expectation of an Adjusted EBIT margin of between 6.5 and 8.0 percent.

“We are seeing good booking levels for the quarter ahead,” says Ulrik Svensson, Chief Financial Officer of Deutsche Lufthansa AG. “At the same time, we have substantially reduced our own capacity growth. And with a reduction in growth also projected for the European market as a whole, we expect unit revenues to increase again in the second quarter. This should be further buoyed by the still-strong demand on our long-haul routes, especially to Asia and North America.”

Meanwhile Lufthansa is getting ready to take deliver of the first Airbus A321neo.

Photo: Lufthansa.

Lufthansa to reinstate nonstop service from Munich to São Paulo

Lufthansa continues to expand its services from Munich. As of December 2, 2019 the airline will be reinstating the connection to São Paulo in its Munich flight schedule.

The carrier will operate three weekly connections with the Airbus A350-900 to Brazil’s largest city. Flight LH504 departs Munich every Monday, Thursday and Saturday at 10:30 p.m., arriving in Sao Paulo at 07:55 a.m. the following day. The return flight leaves the Brazilian metropolis at 07:00 p.m. local time and arrives in Munich at 09:35 a.m.

São Paulo is Brazil’s most important economic, financial and cultural center and the largest industrial urban area in Latin America. The greater metropolitan region of Grande São Paulo has a population of 21 million. This makes São Paulo one of the world’s largest cities.

Due to high demand, Lufthansa will be offering its second daily flight from Frankfurt to Chicago O’Hare International Airport in winter 2019/20 for the first time. Together with the joint venture partner United Airlines, a total of four daily flights will be offered. The Airbus A340 operated under flight number 432 is scheduled to take off from Frankfurt at 4:45 p.m. and arrive in “The Windy City”, on Lake Michigan, almost 10 hours later at 7:25 p.m. local time, local time. From Chicago United Airlines offers connections to 155 destinations in North America. The return flight is set for 22:55 in the evening, landing in Frankfurt at 13:35 the following day.

Photos: Lufthansa.

Munich – Osaka service is launched by Lufthansa

Munich Airport has made this announcement:

In time for the start of the summer timetable season, Lufthansa launched a new service from Munich to Osaka on March 31, 2019. The German carrier has decided to extend this route from Frankfurt to Munich. Along with the established flights operated by Lufthansa and All Nippon Airways to Tokyo, Munich Airport is now offering a second Japanese destination for the first time. With three daily connections, Munich Airport now ranks fifth in Europe in terms of flights to and from Japan.

From Europe, Japan’s third-largest city can be reached nonstop only from Amsterdam, Helsinki, London-Heathrow, Paris Charles-de-Gaulle and now Munich. Japan is one of the most important destinations in Asia – as demonstrated by the rising passenger figures. In 2018 a total of 200,000 passengers travelled in each direction between Munich and Japan.

Lufthansa is also adding a daily connection to Bangkok starting in June 2019, complementing the existing service operated by Thai Airways. Moreover, Lufthansa is bumping up the frequency of its flights to Seoul from 6/7 to 7/7. From June onward, Lufthansa will increase its service to Singapore from five flights a week to a daily connection. Passengers can now choose between two daily flights, either with Singapore Airlines or Lufthansa. In the summer of 2019, five airlines will depart 100 times per week to 10 destinations in seven countries in the Far East. This represents a 17 percent increase in the number of flights to that region over the previous year.

Lufthansa Group orders 40 Boeing 787-9 Dreamliners and Airbus A350-900 aircraft, will sell 6 A380s

Lufthansa Group is consistently forging ahead with the modernization of its long-haul fleet. In today’s meeting, based on the recommendation of the Executive Board, the Supervisory Board approved the purchase of a total of 40 state-of-the-art aircraft for the group’s airlines. The 20 Boeing 787-9 Dreamliners (above) and 20 additional Airbus A350-900 planes will primarily be replacing four-engine aircraft. The new planes will be delivered between late 2022 and 2027.

The order has a list-price investment volume of $12 billion USD. As is usual with such orders, Lufthansa Group has negotiated a significant price reduction. The parties have agreed not to disclose the actual purchase price.

“By replacing four-engine planes with new models, we are laying a sustainable foundation for our future in the long run. In addition to the cost-effectiveness of the A350 and B787, the significantly lower CO2 emissions of this new generation of long-haul aircraft was also a decisive factor in our investment decision. Our responsibility for the environment is becoming more and more important as a criterion for our decisions,” says Carsten Spohr, CEO and Chairman of Lufthansa Group.

The decision regarding which airline will deploy the aircraft at which hub will be made at a later date.

The investment in new technology, efficiency and passenger comfort is a continuation of the ongoing fleet modernization of the group’s airlines. The arilines of the Lufthansa Group currently operate a long-haul fleet of 199 aircraft (as of December 2018), including twelve state-of-the-art Airbus A350-900 aircraft. Beginning in 2020, Lufthansa will be introducing the new Boeing 777-9.

Investment in modern, fuel-efficient and low-noise aircraft

With the Airbus A350-900, the Boeing 777-9 and the Boeing 787-9, Lufthansa Group will own the most fuel-efficient long-haul aircraft of their class in terms of kerosene consumption per passenger and 100 kilometers flown. This order highlights the company’s desire to invest in cutting-edge technology in the interest of the environment. On average, the new aircraft will only consume around 2.9 liters of kerosene per passenger and 100 kilometers flown. That is 25% below what is used by predecessor aircraft, which will likewise have a positive impact on the CO2 footprint.

The Boeing 787-9 and Airbus A350-900 aircraft that have been ordered will primarily be replacing four-engine aircraft. By the middle of the next decade, the entire long-haul fleet will have been modernized. The possible fuel savings alone add up to 500,000 metric tons per year. This is equivalent to a CO2 reduction of 1.5 million metric tons.

A consistent focus on cost

With the new, more economical aircraft, the operating cost compared to the earlier models will sink by around 20 percent. In addition to this, Lufthansa Group will be significantly reducing the diversification and complexity of its fleet over the next few years and taking seven aircraft types out of service, which will reduce cost and complexity for maintenance and the supply of replacement parts, among other things.

After the long-haul aircraft rollover, the company will be offering its customers one of the world’s most modern fleets. This will also involve a significant increase in comfort and reliability.

Sale of six Airbus A380 aircraft

In today’s session, the Lufthansa Group Executive Board also informed the Supervisory Board of the sale of six of its 14 Airbus A380 planes to Airbus. The aircraft will be leaving Lufthansa in 2022 and 2023. The parties have agreed not disclose the purchasing price. The transaction will not affect the group’s earnings performance.

Lufthansa continuously monitors the profitability of its world-wide route network. As a consequence, the group is reducing the size of its Airbus A380 fleet from 14 aircraft to eight for economic reasons. The structure of the network and the long-haul fleet, fundamentally optimized according to strategic aspects, will give the company more flexibility and at the same time increase its efficiency and competitiveness. This will of course also benefit Lufthansa’s customers.