German flagship carrier Lufthansa has reported strong earnings for 2016 despite a year that was marked by frequent strikes by its pilots over wages and pensions. The conflict has meanwhile been settled.
Germany's Lufthansa Group looks set to expand, even as some rival airlines cut back or fall into bankruptcy. It has set its sights on becoming a leading global player. But air travel markets remain fiercely competitive.
After nearly four decades of plying the skies, Germany's once second-largest airline has stopped operating, with many employees fearing to be left without work amid attempts to sell the remaining assets.
Lufthansa has confirmed its full-year objectives, even as its third-quarter profit fell. The German airline group is expected to benefit from solid passenger demand as it swoops in on struggling rivals.
Ireland's Ryanair is on course to post record annual profits despite a recent pilot shortage that forced it to cancel 20,000 flights. But the airline is concerned about the uncertainty surrounding the UK's Brexit deal.
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