/cloudfront-us-east-2.images.arcpublishing.com/reuters/7L4QMMHDVVLIHFGEOCQIJUPG24.jpg "Lufthansa sees return to profit this quarter as air travel rebounds")
Doubles sales, growth above expectations thanks to travel boom Halves losses but recovery below consensus as fuel prices soar Plans to pass costs to customers, expects no impact on demand Sees positive adjusted EBIT from second quarter FRANKFURT, May 5 (Reuters) – Germany’s Lufthansa (LHAG.DE) is looking to return to an operating profit this quarter…
British Airways’ owner has said a recovery in business travel and trips by wealthy passengers will drive a return to profitability this year. International Airlines Group (IAG), which also owns Iberia and Aer Lingus, said that while Omicron had a short-term impact on bookings in January and February, the easing of coronavirus-related travel restrictions had…
In an echo of what American carriers faced as Omicron spread, easyJet said hundreds of its cancellations occurred because of coronavirus-related crew absences. British Airways has also been struggling with staff sickness but said a majority of its flights continue to operate as planned. On Tuesday, easyJet’s chief executive officer, Johan Lundgren, said that he…
If you’re planning to spend the holidays at a German Christmas market or on a beach in Greece, be aware that COVID-19-related safety measures are returning across Europe. This time, they’re largely in the form of restrictions for those who are unvaccinated in response to rising case rates. Some regions of Germany have already imposed…
