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Lufthansa and German pilots' union Vereinigung Cockpit (VC) have agreed a framework aimed at resolving long-running labour disputes through arbitration and mediation, reducing the risk of further pilot strikes.
Deutsche Lufthansa ETR: LHA reported record second-quarter revenue but lower earnings as higher fuel costs, labor disruptions and aircraft-delivery delays weighed on results. Management said demand remained strong, particularly in premium cabins, Asia routes and cargo, while the company narrowed its full-year earnings outlook amid fuel-market volatility and shorter booking windows.
The carrier group reported net profit of €123 million for the second quarter, compared with €1.01 billion in the prior-year period.
German airline Lufthansa revised its outlook on Tuesday, setting a range for its 2026 adjusted operating profit after that figure more than halved in the second quarter due to higher fuel costs tied to the U.S.-Iran war.
Portugal is set to receive binding bids on Wednesday from Air France-KLM and Lufthansa for a minority stake in TAP, kicking off the final battle for one of Europe's few remaining standalone flag carriers.
Lufthansa has a strong interest in acquiring a minority stake in Portugal's flag carrier TAP and plans a maintenance hub in the country, its CEO said on Monday, as the German group readies a rival bid to Air France-KLM.
A Boeing 787 jetliner operated by Lufthansa experienced a nose-wheel collapse at Frankfurt airport's apron early Thursday afternoon, an airport spokesperson said, adding details of the incident were still being assessed.
The company said it would lift its control of ITA Airways to 90%.
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