daily menu » rate the banner | guess the city | one on oneforums map | privacy policy | DMCA | news magazine | posting guidelines

Go Back   SkyscraperCity > Infrastructure and Mobility Forums > Airports and Aviation

Airports and Aviation » Airports | Photos and Videos



Global Announcement

As a general reminder, please respect others and respect copyrights. Go here to familiarize yourself with our posting policy.


Reply

 
Thread Tools
Old July 12th, 2005, 05:35 PM   #41
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18223

Swiss cancels six flights after suspending 52 pilots

BASEL, Switzerland, July 12 (AFP) - The airline Swiss cancelled six flights and suspended 52 pilots Tuesday after they warned that fears over job uncertainty could affect their performance in the air.

The airline, which is being bought by Lufthansa, said the cancellations affected less than 100 passengers travelling to Munich and Brussels.

It said on Monday night it would suspend immediately the 52 pilots and have experts test their aptitude after they signed an open letter to management in which they said uncertainty about their future could have "repercussions on safety".

The European Commission, the EU's executive branch, approved on July 5 the German carrier's acqusition of Swiss.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote

Sponsored Links
Old July 13th, 2005, 02:42 AM   #42
Mike
Registered User
 
Join Date: Sep 2002
Posts: 509
Likes (Received): 12

Sound like the pilots tried to blackmail the company: "Either we get a job guarantee or something bad might happen!". Right decision by Swiss to suspend these pilots and do psychological background checks.
Mike no está en línea   Reply With Quote
Old July 13th, 2005, 04:27 PM   #43
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18223

Swiss Air June load factor rises to 81.5 pct

ZURICH, July 12 (Reuters) - Swiss International Air Lines' seat load factor rose to 81.5 percent in June, up 5 percentage points from a year ago, as business on both intercontinental and European flights picked up.

For the first six months of the year, the seat load factor rose 3.5 points to 76.9 percent from the same period a year ago.

The seat load factor, an indication of the number of seats sold as a percentage of capacity, is an industry benchmark of capacity utilisation but gives no indication as to the profitability of the routes.

Swiss, which has been taken over by Germany's Deutsche Lufthansa , carried 4.69 million passengers in the first half of the year, up 2.7 percent from the year-ago period, it said in a statement.

Lufthansa has already said it had 5.2 percent more traffic in June than in the same month last year, the biggest monthly rise since January, driven by Asia-Pacific and European travel.

Its passenger load factor rose 1.7 percentage points to 77.2 percent in June.

Rival British Airways has said its load factor rose 1.2 percentage points to 78.9 percent, while Air France KLM's load factor was up 2.4 points at 81.5 percent.

In a statement late on Monday, Swiss said it had suspended 52 regional fleet pilots until their flying ability had been checked. A spokesman said that, as a result, Swiss had cancelled three flights from Basel on Tuesday.

Those pilots had written an open letter to Swiss last week, in which they pointed to problems regarding cockpit safety.

Swiss in a statement affirmed the safety of its aircraft but said it took the pilots' statement seriously and would respond by checking the pilots' own capabilities.

Swiss said it could not yet determine potential financial losses resulting from the suspension and that it was taking disciplinary action against the 52 pilots.

Swiss is trying to shrink its regional fleet and trim 800 to 1,000 jobs as it aims to become profitable.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old July 17th, 2005, 07:17 PM   #44
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18223

Lufthansa To Start Two New Routes To Ukraine
14 July 2005

FRANKFURT (Dow Jones)--Deutsche Lufthansa AG (LHA.XE) said Thursday it will introduce two new flights from Germany to Ukraine in the autumn.

From Sept. 9, the German airline will operate six flights a week between Munich and Donesk in eastern Ukraine, and from Oct. 30 will fly from Frankfurt to Ukrainian transport hub Dnipropetrowsk, also six times a week.

From Aug. 29, Lufthansa will start a new route to the Ukrainian capital Kiev from Duesseldorf.

Germany is Ukraine's second-largest trading partner and some 1,000 German companies have bases in Ukraine, Lufthansa said.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old July 27th, 2005, 04:29 AM   #45
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18223

Lufthansa offer 99-euro tickets in German airline price war

FRANKFURT, Germany 26 July (AFP) - German airline Lufthansa, locked in a price war with low-cost rivals, said Tuesday it would offer 900,000 return tickets at 99 euros (119 dollars) on its domestic routes.

The announcement came after another German carrier, DBA, offered 500,000 single tickets for 49.99 euros through the chain stores Aldi. The promotional deal includes international routes to Rome, Florence and Nice.

An airline price war has been raging in Germany for the past several months with Air Berlin and German railways Deutsche Bahn the first to offer tickets in supermarkets.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old August 10th, 2005, 01:06 AM   #46
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18223

Wednesday August 10, 1:54 AM
Lufthansa Reports Lower First-Half Profit

AP - German airline Lufthansa AG on Tuesday reported a sharply lower first-half net profit but higher operating results.

The carrier said it earned 200,000 euros ($250,000) for the first half of 2005. Net profit for the same period last year was 39 million euros, but that included 292 million euros in profit from the sale of shares in the Cologne-based company's online booking service, Amadeus.

Operating profit for the first half came to 253 million euros ($312 million), compared to 33 million euros in same period the previous year. Full-year operating results were expected to be more than 400 million euros ($494 million), the company said in a brief statement.

Revenue for the first half totaled 8.5 billion euros ($10.5 billion), compared with 8.3 billion euros the previous year.

More details were to be released Wednesday, the company said in a brief statement.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old September 3rd, 2005, 10:53 PM   #47
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18223

Lufthansa chief says high oil prices having 'enormous' effect on business
3 September 2005

BERLIN (AP) - Lufthansa's chief executive said in comments released Saturday that high oil prices are having a major effect on the German airline's business, with fuel costs set to rise to euro2.5 billion (US$3.1 billion) this year from euro1.4 billion two years ago.

Oil prices have soared over recent months, although a surge that followed Hurricane Katrina this week subsided Friday as 26 governments agreed to release the equivalent of 2 million barrels per day from strategic reserves.

Lufthansa chief Wolfgang Mayrhuber told the weekly Der Spiegel that the effect of oil prices on the airline was "an enormous one."

"It is frustrating for employees to see how all the good savings are being eaten away by oil price rises," Mayrhuber was quoted as saying. The airline has worked hard over recent years to improve profits by cutting costs, and he noted that "we are at least still making a profit, unlike many competitors."

Last month, Lufthansa raised its operating profit forecast for this year, predicting that it would earn more than euro400 million (US$502 million). That was up from a previous forecast that it would roughly match last year's euro383 million.

"But we need at least double that if we really want to create value and move forward," Mayrhuber told Der Spiegel. "For that, I would need euro10 to euro12 more (US$12.50 to US$15.05) more per passenger. I am not going to get that, which is why we are pushing down costs."
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old September 10th, 2005, 06:07 PM   #48
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18223

Lufthansa says August traffic was up 5.2 percent

FRANKFURT, Sept 9 (Reuters) - Deutsche Lufthansa had 5.2 percent more traffic in August than in the same month a year earlier, driven by growth on long-haul routes to the Asia/Pacific region and the Americas, the German airline said.

The number of passengers carried rose 1.5 percent to 4.58 million, while the passenger load factor -- indicating the average number of seats sold as a proportion of seats available -- was up 2.4 percentage points at 77.7 percent of capacity.

"Demand for passenger services continues to grow strongly," said Lufthansa in a statement on Friday. "All the traffic regions improved their performance."

The stock was 0.4 percent higher at 11.16 euros by 1141 GMT, outperforming a 0.1 percent decline in the German blue-chip DAX index.

Traffic grew 5.2 percent on routes to north and south America and gained 4.6 percent on Asia/Pacific routes.

The largest percentage increase was 11.3 percent on Middle East and African routes, where the load factor also showed the biggest improvement, up 3.8 percentage points.

In Europe, where Lufthansa is under increasing pressure from competition from low-cost carriers, the airline achieved a 3.9 percent rise in traffic and a 1.2 percentage-point improvement in the load factor to 67.1 percent of capacity.

The amount of freight and post carried declined 3.5 percent to 137,000 tonnes last month, as Lufthansa's cargo division failed to fill 3.7 percent more capacity.

But Lufthansa said: "Cargo clearly succeeded in adjusting its sales and distribution activities in order to stabilise average (income) yields."

Rivals Air France-KLM , British low-cost carrier easyJet , Scandinavia's SAS and Finnish national carrier Finnair all posted solid rises in passenger traffic for August on Wednesday.

The increases have come against a backdrop of record oil prices which are forcing some European carriers to increase ticket surcharges to compensate for higher fuel costs.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old September 11th, 2005, 11:19 AM   #49
e888
Quizás
 
e888's Avatar
 
Join Date: Aug 2005
Location: Madrid
Posts: 409
Likes (Received): 0

"EU Commission to study competitive effects..."


How could the EU Commission ever allow the AF-KLM merge?
e888 no está en línea   Reply With Quote
Old October 7th, 2005, 07:00 PM   #50
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18223

Friday October 7, 5:12 PM
INTERVIEW: Lufthansa Expects Further Expansion At Munich
By George Frey

MUNICH (Dow Jones)--German airline Deutsche Lufthansa (LHA.XE) is set to significantly expand Munich hub operations by pouring money into its fleet and into airport infrastructure in the next three to four years.

The airline's chief of hub management at Munich Airport, Karl Ulrich Garnadt, said Lufthansa wants to double the number of long-haul aircraft it flies from the airport to 30, and bulk up short-haul operations so passengers can catch connecting flights.

Lufthansa aims for 6% to 7% annual growth in passenger numbers at Munich airport for the next few years, he said.

"Munich has been Lufthansa's center of growth in the last couple of years, and we're continuing to build it up as a premium hub," Garnadt said. "Business is doing well volume-wise and in line with our long-term projections."

Once the airline is certain that new routes can sustain larger planes, Lufthansa will start using them, including the new Airbus A380. The so-called "Super Jumbo" can seat as many as 700 people.

Lufthansa says Munich Airport only needs to make "a few minor gate changes" to be ready for the A-380, and Garnadt said it may start flying that aircraft out of Munich as early as 2008.

Garnadt said Lufthansa and the airport will have to invest in infrastructure to keep to their growth projections. He declined to say how much the airline would spend.

He welcomed the airport's announcement in July that it is planning a third runway at the airport, allowing for 120 aircraft movements an hour rather than the current 89 movements. The airport hopes to make the runway operational by 2010.

Lufthansa would consider making a direct investment in the new runway if requested by the airport, Garnadt said. But, users pay indirectly for infrastructure improvement anyway, he pointed out.

The airport's Terminal Two, which serves Lufthansa and its Star Alliance partners, will also have to be expanded if the airline keeps to growth targets, Garnadt said. The terminal, which opened in 2003, serves about 20 million passengers a year, 80% of the terminal's capacity.

Lufthansa holds a 40% investment stake in the terminal, which cost about EUR1.2 billion.

The Star Alliance is a group of about 20 airlines that includes Lufthansa, Air Canada (ACNA.YY) and Singapore Airlines (S55.SG).

Garnadt said that in the next two or three years, Lufthansa and Munich Airport will most likely build a full-service departure hall and aircraft pier facility above an already existing baggage-handling building near the present Terminal Two.

An underground tram will connect the new departure hall to the Terminal Two check-in area.

The new departure hall and baggage facility, complete with retail units and restaurants, would also likely double the number of docking facilities for Terminal Two aircraft, from 24 to 48.

Though Garnadt could not predict what the project might cost, he said Lufthansa would consider an ownership structure similar to that of Terminal Two.

"Our partnership with Munich Airport has been a great success," he said.

Company Web site: http://www.dlh.de
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old October 10th, 2005, 11:48 AM   #51
Greg
Registered User
 
Greg's Avatar
 
Join Date: Nov 2003
Location: Zurich
Posts: 3,456
Likes (Received): 59

Swiss seeks savings with new regional carrier

Swiss International Airlines has confirmed it plans to spin off its regional flight services, with the company board approving the creation of a new carrier.

Swiss, which is being acquired by Germany's Lufthansa, is being put under pressure by its new owner to cut costs.

The Swiss board has approved the creation of Swiss European Airlines. The company name was registered in September, and the Federal Office for Civil Aviation has been asked for an Airline Operating Certificate.

Preparations are now underway to set up the new carrier according to Swiss spokesman Jean-Claude Donzel, who confirmed a report published in the latest edition of the Sonntagszeitung Sunday paper.

Donzel admitted that the airline board had decided to spin off regional operations, but refused to give further details as the company will inform about the project in the next few days.

According to the Sonntagszeitung, the first flights could take place next month.

Cut costs
The head of Lufthansa, Wolfgang Mayrhuber, told the Sonntagsblick newspaper that spinning off regional operations should help cut costs at Swiss. He said the airline had to become profitable as soon as possible.

While he admitted that setting regional operations adrift would be "painful", he added it was a necessary move to maintain jobs. But he is also putting Swiss management on notice.

"Swiss must break even next year and contribute positively to group profits by 2007," he said.

Swiss has been told to save SFr300 million ($235 million)net annually. "All Lufthansa's subsidiaries have the same task: make money and not waste cash," commented Mayrhuber.

Setting up a separate company for regional services has been on the cards for some time at Swiss. In May 2003, the company announced the creation of Swiss Express to compete with low-cost carriers.

The project was however opposed by Swiss Pilots, the union of the former Crossair pilots who form the backbone of the airline's regional services. Just two months after the plan was announced, Swiss backed off after signing a deal with the pilots.

Conflict
The carrier is in the midst of reorganising its regional services after tripling its net loss during the first six months of the year. It is also facing an ongoing conflict with Swiss Pilots.

The former Crossair pilots, who feel they are getting the rough end of the stick with the reorganisation, want any job cuts to be shared equally between themselves and the Swissair pilots who make up the cockpit crew.

Swiss took to the skies in March 2002 following the amalgamation of Crossair and the remains of Swissair, which collapsed in 2001.

At the end of June, Swiss announced it was cutting its regional fleet from 35 to 24 aircraft by next summer. It will only keep its Avro RJ jets, and rid itself of the Embraer 145 and Saab 2000 planes that carry less than 100 passengers.

The number of jobs that could be lost is still unclear. Around 100 pilots and 85 cabin crew are concerned by the reorganisation.

The planned fleet reduction came on top of plans to cut 800 to 1,000 jobs at Swiss announced in January. At the end of June, the group employed 6,477 people.
Greg no está en línea   Reply With Quote
Old October 12th, 2005, 03:55 AM   #52
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18223

Swiss Intl Air Passengers Number Up 4.6% In 9 Mos
11 October 2005

BASEL (Dow Jones)--Swiss International Air Lines (SWIN.EB), a unit of Deutsche Lufthansa (LHA.XE), Tuesday said the number of passengers using the airline's regional and intercontinental services rose 4.6% to 7.33 million in the first nine months of 2005 compared to the year-ago level. The passenger load factor - an important industry figure that compares occupied seats versus the total number of offered seats - improved 3.9 percentage points to 79.1% during the reporting period.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old October 12th, 2005, 05:44 PM   #53
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18223

Passenger numbers and capacity utilisation reach new heights
Successful capacity management again increases seat load factor
12.10.05
Corporate Press Release

More passengers and a significantly higher passenger load factor: that is the positive result achieved by Lufthansa after the first nine months of 2005. During this period 38.8 million passengers chose to fly Lufthansa – an increase of 0.5 per cent year-on-year. Sales rose by 4.7 per cent, outpacing the moderate increase in capacity. The passenger load factor consequently rose by 1.5 percentage points to 75.8 per cent, the highest nine-month level ever recorded by the company.

From January to September Lufthansa Cargo transported 1.3 million tonnes of freight and mail – on a par with the previous year’s performance. Capacity increased by 2.7 per cent due to additional belly space available on passenger aircraft. This caused the cargo load factor to slip by 2.2 percentage points. As a result, the Group’s overall load factor (passenger and freighter aircraft) declined slightly to 70.6 per cent.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old October 31st, 2005, 01:56 AM   #54
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18223

Lufthansa amasses stake in Fraport
29 October 2005

Lufthansa has in the past weeks spent Euros 170m amassing a near 5 per cent stake in Fraport, operator of Frankfurt airport, as Europe's second-largest airline moves to to gain greater influence over the future of its major hub.

Wolfgang Mayrhuber, Lufthansa chief executive, called the move "a strategic investment in our core business". The airline did not exclude raising its stake in the long-term.

Karl-Ludwig Kley, chief financial officer, said the airline would apply for a seat on Fraport's 21-member supervisory board to have a direct say about its policies.

Fraport, whose majority shareholders are the state of Hesse and the city of Frankfurt, is planning a new terminal and runway to increase the capacity of Europe's second-largest airport from 56m passengers annually to more than 80m in the next 10 years. Lufthansa accounts for 60 per cent of traffic.

The airline's move came on the heals of the German government's sale of its 18.2 per cent Fraport stake to institutional investors on Wednesday. Lufthansa refused to say whether it had bought shares in follow-on deals. The 4.95 per cent stake had been bought "at different times" and would be rounded out to 5 per cent in the coming weeks.

Gerrit Wiesmann, Frankfurt
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old November 3rd, 2005, 02:19 AM   #55
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18223

Lufthansa shares up, hopes of strong Q3

FRANKFURT, Nov 2 (Reuters) - Shares in German airline Deutsche Lufthansa rose in active trade on Wednesday amid market expectations of strong third-quarter earnings and a possible full-year profit forecast upgrade, analysts said.

At 1505 GMT the share price was up 2.2 percent at 11.56 euros having hit a two-week high of 11.61 euros earlier in the day. It was the second most traded stock in Frankfurt by volume with 6.2 million shares changing hands.

"There are positive expectations in the market for the nine-month figures that Lufthansa will present next week," said Uwe Weinreich, an analyst at HVB.

"The forecast for the full year might be raised," he said.

Lufthansa is due to release its October traffic data on Nov. 8 and its third-quarter results on Nov. 10.

Lufthansa's half-year report on Aug. 10 beat market consensus by a wide margin.

At the time Europe's second-largest airline measured by passenger traffic -- it flew 38.8 million people in January-September -- raised its full-year 2005 operating profit forecast to more than 400 million euros against 383 million in 2004.

Since Aug. 10 Lufthansa shares have risen by 7.5 percent, outpacing rivals such as British Airways , up 5.2 percent, and Air France KLM , up 2.3 percent.

Lufthansa shares are currently priced at 13.6 times forecast earnings compared with 12.2 for British Airways and 12.9 for Air France KLM. (Additional reporting by Andreas Moeser)
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old November 6th, 2005, 04:28 PM   #56
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18223

GERMAN PRESS: New System To Help Lufthansa Boost Profit
6 November 2005

FRANKFURT (Dow Jones)--German airline Deutsche Lufthansa AG (LHA.XE) plans to increase its profit by EUR80 million to EUR100 million a year with its new revenue management system, German weekly magazine Focus is to report Monday.

According to the report, the new system shows how many seats per price category and route need to be sold to maximize profits. Lufthansa plans to limit the number of cheaper tickets and sell more of the expensive ones, the report adds.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old November 6th, 2005, 05:27 PM   #57
Deadeye
BANNED
 
Deadeye's Avatar
 
Join Date: Oct 2002
Location: Berlin/Lüdenscheid/Rybnik
Posts: 288
Likes (Received): 18

Quote:
Lufthansa plans to limit the number of cheaper tickets and sell more of the expensive ones, the report adds.
Wow, smart boys!
Deadeye no está en línea   Reply With Quote
Old November 9th, 2005, 05:59 AM   #58
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18223

Lufthansa passengers down, first fall since March

FRANKFURT, Nov 8 (Reuters) - Deutsche Lufthansa carried 2.1 percent fewer passengers in October than a year earlier, it said on Tuesday, the first monthly year-on-year decline in customers since March.

The number of travellers fell across the German airline's global network, with the biggest drops in its European and American routes, and it lagged rivals who carried more in the month.

Passenger traffic, a figure which takes account of both the number of passengers and the distance they travelled, rose slightly in October, up 0.6 percent.

Lufthansa said in a statement its October traffic figures compared with record levels a year earlier.

But it lagged a 6.4 percent increase in October traffic at British Airways (BA) and an 8.9 percent rise at larger competitor Air France KLM .

BA also carried 2.2 percent more passengers in October, while Air France KLM saw a larger increase of 5.3 percent.

Europe's biggest low-cost carriers, Ryanair and easyJet , reported gains of 23 percent and 14 percent respectively in passenger numbers for October.

"Both (traffic) and the number of passengers fell below our forecasts," said LRP analyst Per-Ola Hellgren. "The disappointment is particularly big because the results from BA and Air France had awoken hopes of a good month."

DISAPPOINTMENT

Lufthansa's overall passenger load factor -- which measures the average number of seats sold as a proportion of seats available -- declined 0.8 percentage points in October to 74.7 percent, the first monthly slip since May.

The German airline also reported the largest monthly drop this year in the amount of cargo and post carried by its Lufthansa Cargo division. The figure fell 4.3 percent to 157,000 tonnes.

Shares of Lufthansa were 0.9 percent lower at 11.73 euros at 1509 GMT, underperforming a 0.3 percent drop in the German blue-chip DAX <.GDAXI> index.

Lufthansa will be expected to give more details about traffic development at its passenger and cargo airlines on Thursday, when it is due to publish third-quarter earnings. Some analysts also expect it to raise its 2005 profit forecast.

Operating profit is expected to rise to 231 million euros ($271 million) for the quarter, up from 218 million a year ago, according to the average of 13 analysts' forecasts in a Reuters poll. Sales are expected to rise to 4.72 billion euros from 4.47 billion.

Lufthansa has said it expects to post operating profit of more than 400 million euros for the full year, compared with 383 million in 2004, as it benefits from growth in air travel and pursues a target of cutting costs by 1.2 billion euros by the end of 2006.

But several analysts have said they expect Lufthansa to raise its full-year profit forecast because demand has remained strong despite fuel surcharges on tickets designed to offset soaring fuel costs.

LRP's Hellgren cautioned in a note on Tuesday that the October traffic figures could be the first sign of a weakening trend in the fourth quarter.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old November 9th, 2005, 09:00 PM   #59
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18223

German carrier Lufthansa reports jump in nine-month net earnings

FRANFKURT, Nov 9 (AFP) - German carrier Lufthansa reported net earnings Wednesday of 416 million euros (488 million dollars) in the first nine months of the year, up from 164 million in the same period of 2004.

The result beat expectations of market analysts, who had foreseen net earnings in the period of 380 million euros.

At the operating level earnings came to 471 million euros against 251 million in the 2004 period. Analysts had predicted operating earnings of 500 million euros.

Sales in the January-September period rose to 13.3 billion euros from 12.7 billion in 2004.

For all of 2005, Lufthansa said it saw operating earnings well in excess of 400 million euros.
__________________
Hong Kong Photo Gallery - Click Here for the Hong Kong Galleries

World Photo Gallery - | St. Petersburg, Russia | Pyongyang | Tokyo | Istanbul | Dubai | Shanghai | Mumbai | Bangkok | Sydney

New York, London, Prague, Iceland, Rocky Mountains, Angkor Wat, Sri Lanka, Poland, Myanmar, and much more!
hkskyline no está en línea   Reply With Quote
Old November 10th, 2005, 11:49 AM   #60
The Cebuano Exultor
Seeking Affiliation
 
The Cebuano Exultor's Avatar
 
Join Date: Aug 2005
Location: Metro Cebu
Posts: 1,211
Likes (Received): 21

...to hkskyline

Hkskyline, will the acquisition of Swiss International Airlines (formerly known as Swissair) make Lufthansa the largest Airline Company/Group in the world, KLM-Air france notwithstanding?

Last edited by The Cebuano Exultor; November 29th, 2005 at 06:13 AM.
The Cebuano Exultor no está en línea   Reply With Quote


Reply

Tags
austria, belgium, european airlines, germany, star alliance, switzerland

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Related topics on SkyscraperCity


All times are GMT +2. The time now is 08:27 AM.


Powered by vBulletin® Version 3.8.11 Beta 4
Copyright ©2000 - 2018, vBulletin Solutions Inc.
Feedback Buttons provided by Advanced Post Thanks / Like (Pro) - vBulletin Mods & Addons Copyright © 2018 DragonByte Technologies Ltd.

vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2018 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us | privacy policy | DMCA policy

tech management by Sysprosium