Lufthansa in 2022

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Germany’s Economic Stabilisation Fund announced that all the remaining shares of its holding in Deutsche Lufthansa had been sold to various investors via an accelerated book-building process. The WSF last held around 6.2% of the company’s share capital. Lufthansa is fully back in private hands, with Klaus-Michael Kuehne rumoured to now hold a 17.5% stake.

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Lufthansa Cargo plans to launch A321F service on Frankfurt – London Heathrow route on 19 October 2022.

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Lufthansa CEO Carsten Spohr is planning another airline, project Cityline 2.0, which will take over the unprofitable feeder flights.

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I always thought that non profitable feeder flights were necessary to make long haul flights profitable (correct me if I am wrong, no problem)

[fcw]

I always thought that non profitable feeder flights were necessary to make long haul flights profitable (correct me if I am wrong, no problem)

The feeder flights are not cut, it’s just another try to reduce the losses.

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With lower wages and less attractive working conditions, I presume.

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Lufthansa's major shareholder, Klaus-Michael Kühne, may pick up another 2.5% stake in the carrier as he looks to get another board seat. He currently holds 15.01% of the shares through his company Kühne Aviation.

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Air Dolomiti will become a pure Lufthansa feeder carrier and no longer operate domestic flights. The fleet will consist of 17 E195s from 02 May 2022, after adding two more aircraft.

Air Dolomiti will be strengthened with two to three additional Embraer jets from Lufthansa Cityline. The Air Dolomiti fleet currently consists of 17 E195s.

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Lufthansa plans to order a new fleet of smaller narrowbodies — likely A220 or E2 — as it seeks to adapt its fleet structure to new market realities.

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Lufthansa has placed its Frankfurt and Munich feeder airline, dubbed “Cityline 2.0”, on hold as the company will not hire or train cockpit staff until 30 June 2023 due to ongoing talks with the pilots’ union. The 2.0 fleet would consist of about 40 aircraft.

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Lufthansa and the flight attendants’ union, UFO, have reached an agreement on a new collective pay and terms-of-employment agreement, together with a new collective part-time employment agreement, for Lufthansa’s cabin personnel.

Lufthansa has reactivated another Airbus A380, MSN 146, adding to the three superjumbos it is placing back into operations out of Munich from summer 2023.

Lufthansa took delivery of a second B787-9, MSN 62729.

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Lufthansa has held the first talks with interested buyers for the planned partial sale of Lufthansa Technik. Almost 20 financial investors are currently presenting their concepts, with ten to be selected for the next round.

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Lufthansa is in talks to sell the remaining part of its airline catering unit, LSG Sky Chefs, to private equity firm Aurelius (Germany).

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Not a good idea imho. When in the past, airlines sold part of their activities, it usually meant they were financially in trouble without admitting it, like we are introduction new slim seats for your confort Outsourcing usually means less pay and worse working conditions for the employees.

[Stij]

I disagree with the first part, and agree completely with the second.

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Lufthansa and EPCOR of the Netherlands have entered into an exclusive agreement to provide the availability to the German airline’s first B787-9 with APS5000 APUs.

In other news, Lufthansa launched a drive to hire 20,000 employees across the Group, as the German airline giant recovers.

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Emirates and Lufthansa appear to be warming up to cooperating in the form of codesharing.

Lufthansa Cargo has added Hanoi from Frankfurt as a new destination to its global B777F route network for the winter flight schedule 2022/2023. All freighter services to Vietnam are operated by AeroLogic.