deutsche lufthansa Archives

Lufthansa May Cut Nearly 30,000 Jobs Before End of 2020

So far, Lufthansa has already reduced 20% of its top management positions. Cutting jobs allowed Lufthansa to reduce costs by about €900 million.

Lufthansa Posts Q2 Earnings Loss, Set to Implement Massive Restructuring, LHA Stock Up 1%

Business News, Market News, News, Stocks, Technology News

By Godfrey Benjamin Aug 6, 2020

Embattled German airline Deutsche Lufthansa AG reported a Q2 earnings loss of EUR 1.5 billion. LHA stock is up today.

European Stocks Fall as Confirmed Coronavirus Cases Begin to Rise Again

Commodities & Futures, Indices, Market News, News, Stocks

By Tolu Ajiboye Jun 22, 2020

As coronavirus cases all over the world began to rise again, European stocks are feeling the heat and have started to fall, with many of them being afraid of increased lockdown.

Business News, Market News, News, Stocks, Technology News

Airline Stocks Plummet as Airline Industry Faces ‘Worst Year in History’

By Darya Rudz Jun 12, 2020

According to the International Air Transport Association (IATA), airlines worldwide are expected to lose $84.3 billion this year because of the COVID-19 pandemic.

Business News, Market News, News, Stocks, Technology News

Lufthansa Agrees on Rescue Package with German Government amid Coronavirus

By Andy Watson May 25, 2020

National carrier Lufthansa will receive a 9 billion Euro coronavirus palliative from the German government to help cushion the economic impacts of the novel pandemic.

Business News, Market News, News, Stocks, Technology News

ZM Stock Down 4%, Zoom Market Cap Is Close to 7 Biggest Airlines Altogether

By Teuta Franjkovic May 18, 2020

The future for Zoom and airlines will be unknown as the economy can change in any direction. Today Zoom market cap is close to the market cap of 7 biggest airlines taken together.

Business News, Indices, Market News, News, Stocks

European Stocks Slide 6.4%, Travel Down 10%, Trump Imposes Travel Ban from Europe

By Tolu Ajiboye Mar 12, 2020

European stocks have crashed after U.S. President Donald Trump imposed a ban on travel from several countries in Europe. Travel volume has also plunged.