The Lufthansa Group cannot catch a break. Pilots at its budget subsidiary, Eurowings, will go on strike Thursday unless a last minute deal on wages can be reached.
Edward Russell and Jay Shabat discuss Lufthansa's history of acquisitions and expansion, and what a potential ITA Airways deal could mean for the group.
Fast forward to 2022, and Lufthansa is again contemplating an investment in a foreign airline. This time it’s Italy’s ITA Airways, the successor of longtime laughingstock Alitalia.
Two dueling bids are in for ITA Airways but CEO Fabio Lazzerini is quiet on what direction he sees the Italian government going with the privatization of the airline. Lufthansa and MSC Global, and Certares, Delta and Air France are anxiously awaiting.
Frankfurt Airport joined London Heathrow among major European hubs slashing flights to try and ease delays and cancellations just as the peak of summer air travel is about to begin.
The airline industry is increasingly looking at non-flight options to get travelers to their destination. But a new partnership between Star Alliance and Deutsche Bahn appears more lip service than a serious push to get flyers onto trains.