Wall Street Soars on Dovish Fed and Positive Economic Outlook
Positive economic indicators, such as an 18% surge in groundbreaking new single-family homes in November, contributed to the optimistic outlook.
Positive economic indicators, such as an 18% surge in groundbreaking new single-family homes in November, contributed to the optimistic outlook.
The rewards program has the potential to bring blockchain technology to more users as Lufthansa Group has about 36 million members in its regular Miles and More loyalty program.
So far, Lufthansa has already reduced 20% of its top management positions. Cutting jobs allowed Lufthansa to reduce costs by about €900 million.
Shortly after getting 400 million euros from selling the new stock the previous week, Ryanair now plans to raise $592 million in a five-year eurobond sale.
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.
After the emergency travel ban that was imposed by President Donald Trump on most European countries, the airlines stocks have plunged nearly 10%-15%.
The UAE’s Etihad Airways has established collaboration with the Swiss blockchain platform Winding Tree to enhance logistics and distribution services.
Lufthansa Innovation Hub and the SAP.iO Berlin Foundry have established their partnership to launch the first ever Aviation Blockchain Challenge.
Air France KLM is evaluating the potential for blockchain technology to observe workflows within its aircraft servicing units.