High fuel costs drive Lufthansa deeper into red in Q1

German airline group Lufthansa plunged deeper into the red in the first quarter, it said Tuesday, blaming the rising price of fuel and intense competition in Europe but sticking to annual targets.

Lufthansa warns airport capacity to squeeze growth

Lufthansa, Europe's largest airline group, said Thursday that capacity bumping up against limits at overcrowded airports would hem in growth this year as it reported that its bottom line fell in 2018.

Lufthansa cuts Q1 losses as it digests Air Berlin

German airline giant Lufthansa said Thursday it had pared back losses in the first quarter, but confirmed it expects a slightly leaner result over the full year than in 2017.

Lufthansa soars to record profits in 2017

German airline giant Lufthansa reported record profits for 2017 Thursday, celebrating a year that saw it bury a smouldering dispute with pilots and gobble up parts of defunct rival Air Berlin.

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Lufthansa

Deutsche Lufthansa AG (FWB: LHA, OTC Markets Group: DLAKY) (German pronunciation: [ˈdɔʏt͡ʃə ˈlʊfthanza]) is the flag carrier of Germany and the largest airline in Europe in terms of overall passengers carried. The name of the company is derived from Luft (the German word for "air"), and Hansa (after the Hanseatic League, a powerful medieval trading group).

The airline is the world's fourth-largest airline in terms of overall passengers carried, operating services to 18 domestic destinations and 203 international destinations in 78 countries across Africa, Americas, Asia and Europe. Together with its partners Lufthansa services around 410 destinations. With over 710 aircraft it has the second-largest passenger airline fleet in the world when combined with its subsidiaries.

Lufthansa's registered office and corporate headquarters is in Deutz, Cologne, with its main operations base (Lufthansa Aviation Center (LAC) and primary traffic hub at Frankfurt Airport in Frankfurt am Main with a second hub at Munich Airport. The majority of Lufthansa's pilots, ground staff, and flight attendants are based in Frankfurt.

Lufthansa is a founding member of Star Alliance, the world's largest airline alliance, formed in 1997. The Lufthansa Group employs 117,000 people worldwide of 146 nationalities. In 2010, over 90 million passengers flew with Lufthansa (not including Germanwings and Brussels Airlines).

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