A year ago, the co-pilot of a Germanwings plane deliberately crashed it into the French Alps. All 150 people on board were killed. Lufthansa CEO Carsten Spohr says nothing can compensate for the grief inflicted on the victims’ families.
Without much fanfare Lufthansa will take over portions of the insolvent Air Berlin, ending a long period of suffering for Germany's second-biggest airline. That said, competition regulators will be watching very closely.
German flag carrier Lufthansa has confirmed it wants to buy parts of stricken Italian airline Alitalia. But the offer would entail drastic job losses. Too drastic for the government in Rome to even consider?
Lufthansa has confirmed it will purchase large parts of insolvent airline Air Berlin. The deal will see Lufthansa take on several parts of the Air Berlin business, as well as taking on 3,000 Air Berlin workers.
For years, Lufthansa has been wrangling with its pilots as the airline attempted to reduce costs. A deal struck with its main pilots union on Tuesday should ensure significantly less labor turbulence in the years ahead.
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