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 November 10th, 2005, 06:14 PM   #61
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18239

According to a 2004 news article from Reuters reporting on the Air France/KLM merger clearance by the EU, they will form the world's largest airline by revenues, followed by Japan Airlines. By passenger traffic, Air France/KLM will be 3rd behind American and United.

According to a Reuters article from September 2004, Lufthansa is the world's 5th largest airline by market capitalisation, while Air France-KLM is 7th. Southwest is first, followed by Singapore Airlines and Cathay Pacific.

2004 IATA Statistics
http://www.iata.org/pressroom/wats/w...rs_carried.htm

By Passengers
1. Lufthansa - 34.4 million
2. BA - 28.6 million
3. Air France - 26.9 million
4. KLM - 20.3 million
5. American - 18.8 million

Air France and KLM combined will be #1 in the world.

By Passenger KM Flown
1. Lufthansa - 103.9 million
2. BA - 102.9 million
3. Air France - 97.0 million
8. KLM - 63.9 million

By this measure, Air France/KM will also be the largest in the world.
__________________
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 November 14th, 2005, 07:28 PM   #62
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18239

Lufthansa says to maintain passenger fuel surcharge

FRANKFURT, Nov 14 (Reuters) - Deutsche Lufthansa said on Monday it currently had no plans to cut the fuel surcharges it imposes on passenger tickets after its cargo division said it would lower its charges.

"We are keeping a close eye on the market. But no changes are planned at the moment," a Lufthansa spokeswoman said on Monday.

Lufthansa Cargo said earlier it planned to cut the fuel surcharges it imposes on customers to 0.50 euros per kilogram from 0.55 euros from Nov. 28 following an easing in oil prices.
__________________
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 24th, 2005, 04:10 AM   #63
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18239

GERMAN PRESS: Lufthansa Ramps Up Against Discount Rivals
22 November 2005
Dow Jones International News

Deutsche Lufthansa (LHA.XX), the German airline, plans to defend its home market by greatly increasing its routes from Duesseldorf in January as a defense against discount rivals, according to Financial Times Deutschland.

That move is just a first step, a spokesman said. In Hamburg, Lufthansa, as a test, already offers many more discount flights, with more planes and routes, simpler service and lower costs.

Newspaper Web site: http://www.ftd.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 November 28th, 2005, 10:32 PM   #64
Desven
...und so halt!
 
Desven's Avatar
 
Join Date: May 2004
Location: WestWood baby!
Posts: 614
Likes (Received): 12

The A380 lands at Frankfurt:

Lufthansa-video
__________________
Hä,wo ist meine Signatur hin?!
Desven no está en línea   Reply With Quote
Old December 5th, 2005, 05:14 AM   #65
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18239

Lufthansa takes on low-cost airlines in battle for German skies

FRANKFURT, Dec 4 (AFP) - In the fierce battle for domination in the German skies, flag carrier Lufthansa is seeking to beat low-cost rivals, such as Air Berlin, DBA, Ryanair and easyJet, at their own game by expanding its own network of cut-price domestic and European services.

Only a few years ago, Lufthansa scaled back its European services from airports other than the two main hubs of Frankfurt and Munich to focus on long-haul routes.

But now it wants to take on budget rivals by boosting its own network of German and European flights from secondary hubs such as Duesseldorf and Hamburg.

A pilot project is already underway in Hamburg. And if that proves successful, the venture could be expanded to airports such as Duesseldorf or Stuttgart, a Lufthansa spokesman said.

"Lufthansa has learned a lot from the business models of low-cost carriers and is seeking to combine that knowledge with its own strengths," said Ralph Beisel, airline expert at Arthur D. Little in a recent study.

In Hamburg, for example, the German airline aimed to boost the number of flights by 14 percent and the number of seats available by 30 percent, the spokesman said.

Beisel calculated that Lufthansa could boost earnings on its Hamburg services by 20 percent as long as it cut prices and costs and increased tickets sales.

Lufthansa insists the Hamburg offensive is not a strategic U-turn, simply a response to changing market conditions.

"By expanding our programme in Hamburg and Duesseldorf, we're reacting to strong demand in both cities," the spokesman said.

The regional state transport ministry in Duesseldorf, for example, had recently given the go-ahead for the airport to boost capacity, including the launch of new routes to destinations such as Madrid and Nice.

"Given the economic strength of North Rhine-Westphalia, the demand for frequent services, particularly on the part of business customers, is high," the spokesman said.

Analysts said that Lufthansa had been complacent on the German market for too long.

"It's a matter of not losing additional market share to the low-cost airlines," said Merck Finck analyst Robert Heberger.

"Alongside Britain, Germany is one of the most competitive markets in Europe."

The Irish cut-price carrier Ryanair and Britain's own easyJet had already established a strong presence in Germany.

But native German rivals such as Air Berlin and DBA also recently stepped up their campaign to dethrone Lufthansa.

DBA recently placed an order for 40 new Boeing 737 jets with the explicit aim of becoming the number one airline in the domestic German market.

And the smaller low-cost rivals are also forging alliances to increase the pressure on Lufthansa.

Air Berlin is teaming up with aircraft leaser Germania.

And from December 1 Air Berlin and DBA have agreed to market each other's tickets on their own websites.

While the loose arrangement did not extend to full code-sharing and the two airlines were not planning to acquire any cross-shareholdings, some analysts believe the move could evenutally pave the way to a full merger.
__________________
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 December 10th, 2005, 06:54 PM   #66
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18239

Lufthansa says Nov traffic rises 3.4 percent

FRANKFURT, Dec 9 (Reuters) - Germany's Deutsche Lufthansa had 3.4 percent more traffic in November than in the same month a year earlier, driven by demand within Europe and on Asia-Pacific routes, the carrier said on Friday.

The number of passengers carried rose 3.6 percent to 4.1 million, while the passenger load factor -- which measures the average number of seats sold as a proportion of seats available -- was up 0.9 percentage points to 73.1 percent.

"In Europe, Lufthansa succeeded in selling the targeted capacity increase (of 5.2 percent) on the market," Lufthansa said in a statement.

European and domestic traffic grew 6.3 percent last month, with a slight increase of 0.6 percentage points in the load factor to 61.3 percent.

Asia-Pacific traffic grew 6.2 percent, but the November load factor in the region dropped 1.1 percentage points to 78.3 percent as Lufthansa was unable to fill 7.8 percent more capacity.

The Americas was the only region to post a decline in traffic last month, falling 1.7 percent. But a 5.2 percent cut in capacity helped the carrier boost the passenger load factor by 2.9 percentage points to 80.8 percent.

The amount of freight and post carried declined 1.1 percent to 155,000 tonnes last month, the airline added.

Shares of Lufthansa were down 1 percent at 11.92 euros by 1244 GMT, compared with a 0.3 percent drop in the German blue-chip DAX <.GDAXI> index.

Larger rival Air France KLM said on Wednesday that its November traffic grew 12.2 percent. Smaller UK competitor British Airways said on Monday that traffic increased 6.3 percent last month, boosted by a strong rise in first- and business-class travel.
__________________
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 December 16th, 2005, 05:42 PM   #67
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18239

Lufthansa CEO sticks to profit goal, eyes savings

FRANKFURT, Dec 16 (Reuters) - The chief executive of German airline Deutsche Lufthansa said he is sticking to a target of eventually making an annual operating profit of 1 billion euros ($1.20 billion), and will seek to boost efficiency and productivity further.

"We need 1 billion euros to be able to say with a clear conscience that this company creates value, that it can grow and that it will not be deflected from its course, even in turbulent times," Wolfgang Mayrhuber said in Lufthansa's staff newspaper.

The company has said it expects to make an operating profit of significantly more than 400 million euros for 2005, up from 383 million last year.

Progress towards the 1 billion-euro goal had been held back by soaring fuel costs as 2005 oil prices reached record levels. The airline faces fuel costs of about 2.5 billion euros this year, with the bill expected to climb to 3.5 billion next year. "As things stand, it will take a little while, but we must and we will achieve our goal," Mayrhuber said.

The chief executive reiterated that cost savings would remain in focus in the interview in Friday's edition of the Lufthanseat.

Lufthansa said last month more cost cuts would be needed in addition to 1.2 billion euros of savings planned by the end of 2006, without giving details.

"A company that wants to move forward has to constantly seek opportunities to become leaner, more efficient and more productive," Mayrhuber told the staff newspaper.

He said negotiations with trade unions and employee representatives were becoming "increasingly arduous and unsatisfactory for both sides" but that he continued to aim for consensus between the parties.

EUROPEAN CONSOLIDATION

The airline head said that the takeover and integration of Swiss International Air Lines had exceeded his expectations and that market reaction had been very positive.

"Increasingly, Swiss is positioning itself as a quality carrier," he said.

Mayrhuber added that no further integrations or mergers were planned at the moment, but said Lufthansa was "well prepared" for further European airline consolidation.

"I firmly believe that a consolidated European aviation industry would be fundamentally well positioned, and that Lufthansa will play an important, cooperative role in the development of the entire air transport system," he 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 January 1st, 2006, 10:25 AM   #68
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18239

Saturday December 31, 5:51 PM
Swiss Airlines and pilots reach truce

ZURICH (AFP) - The management of Swiss International Airlines and pilots have agreed to keep talking in an attempt to reach a new wage agreement, heading off an implied threat to start replacing pilots who have declined to sign new labor contracts.

In the agreement reached late Friday, the two sides said they would set up a timetable for fresh talks aimed at achieving a new collective labor agreement by April 1, when the company is due to launch a regional carrier called Swiss European Air Lines.

After the last collective agreement expired in October, pilots assigned to the regional carrier were told to sign individual contracts, which the pilots' union said entailed salary cuts and the abolition of automatic salary releases based on length of service.

Christoph Franz, the CEO of Swiss International Air Lines, warned earlier this month that the company might start hiring new air crews in January unless the pilots signed the individual contracts.

Franz said in a statement issued December 25 that four out of five of the 300 pilots assigned to the regional carrier had not sent back signed individual contracts. They were given until Saturday to do so.

Swiss International, an amalgamation of bankrupted Swissair and the regional carrier Crossair, has for several months been involved in merger talks with the German carrier Lufthansa.
__________________
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 January 10th, 2006, 03:48 AM   #69
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18239

Lufthansa targets 10 pct '06 growth at Duesseldorf

FRANKFURT, Jan 9 (Reuters) - Germany's Deutsche Lufthansa wants to grow passenger numbers at its number three airport by a tenth to 4 million this year, as the airline seeks to take on competition from low-cost carriers in its home market.

Lufthansa is adding 56 flights a week from January at Duesseldorf airport, with almost half of return flights within Europe from the airport costing less than 129 euros ($156).

The move follows the introduction of 99-euro flights at Hamburg airport in autumn.

Lufthansa had previously said it was adding only 44 additional weekly services at Duesseldorf, where airlines including DBA, Air Berlin and Germanwings also operate.
__________________
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 January 11th, 2006, 03:25 AM   #70
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18239

Lufthansa says 51.3 million passengers flew aboard its planes in 2005
10 January 2006

FRANKFURT, Germany (AP) - Lufthansa AG said Tuesday that 51.3 million passengers flew aboard its planes in 2005, a record figure, but up less than 1 percent from the year before.

The Cologne-based airline recorded 50.9 million passengers in 2004.

Its passenger load factor -- a measure of how full its planes are -- improved by 1 percentage point to 75 percent in part because capacity increased by 2.5 percent with sales rising by 4 percent.

Lufthansa said its cargo division carried 1.73 million tons of freight and mail during 2005 -- a 1 percent decrease from 2004, when it carried 1.75 million tons.
__________________
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 January 17th, 2006, 04:20 AM   #71
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18239

Swissair goes under again, on the big screen

ZURICH, Jan 16, 2006 (AFP) - Switzerland is reliving a national nightmare on the big screen, as a new film on the demise of flag carrier Swissair opens this week.

The docu-fiction "Grounding, or the Last Days of Swissair" traces the 2001 collapse of what was long an icon of the global airline industry and a jewel in Switzerland's business crown.

The title refers to the humiliating date of October 2, 2001, when Swissair's planes were unable to leave airports worldwide after aviation fuel companies refused to supply the carrier because of its financial woes.

That left thousands of passengers stranded and wrecked the carrier's reputation for Swiss efficiency and quality service.

The grounding also sent shockwaves across Switzerland, as the country woke up to the airline's ill-fated and flawed expansion strategy which was based on buying up loss-making foreign carriers.

The company's bankruptcy was compounded by the fact that Swissair was steered by leading lights of the country's establishment, who had been seen as steady hands by most ordinary Swiss.

"Switzerland still hasn't got over the grounding," said the Zurich newspaper Tages-Anzeiger.

"We set the bar too high, and we identified ourselves too much with Swissair," it added, pointing to the widespread disbelief at the time that the airline could go under.

Swissair was relaunched in 2002 as the slimmed-down Swiss International Air Lines -- known as "Swiss" -- using a combination of taxpayers' money and input from Swiss industry.

In the face of continued financial headaches, the new airline trimmed its staff, fleet and schedule in several rounds of restructuring.

Swiss was taken over by Germany's Lufthansa last year, although it still flies under its own name.
__________________
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 January 28th, 2006, 05:45 PM   #72
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18239

Swiss Int'l Air Lines CEO Sees More Consolidation
27 January 2006
By Aude Lagorce

DAVOS, Switzerland (Dow Jones) -- The pace of growth in the airline industry will slow in 2006 and consolidation will continue in Europe, predicts Swiss International Air Lines CEO Christoph Franz.

Franz told MarketWatch at the annual meeting of the World Economic Forum that some players in the airline industry might not be able to survive the high oil prices and additional cost pressures.

Ticket prices will likely continue to rise and demand could slow in 2006 in comparison to 2005 as higher oil prices reduce customers' available income for travel, he said.

On the strategy front, Franz said Swiss International Air Lines would continue to position itself as a quality carrier. "We should not try to copy the low-cost airlines," he said.

Last year the carrier tried to make economy passengers pay for food and beverages but quickly reverted to offering them for free.

Asked if he expects any big mergers in the industry in the next year, Franz said that the consolidation trend would continue but declined to name specific candidates.

"If the consolidation doesn't happen fast enough, there will be other airlines that will leave the market," he said.

Swiss International was taken over by Deutsche Lufthansa in March. Franz insisted that it is keeping a separate identity.

In November the carrier reported a 50% fall in third-quarter profit as high fuel prices and low fares continued to hamper its turnaround.
__________________
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 February 2nd, 2006, 06:09 PM   #73
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18239

Lufthansa to boost Asian capacity this year

FRANKFURT, Feb 2, 2006 (AFP) - German flag carrier Lufthansa said Thursday that it planned to boost capacity on routes to and from Asia this year in an effort to extend its position as the leading European airline in the Asian region.

Lufthansa said it would offer three additional connections to Shanghai from Frankfurt, two additional flights to Hong Kong from Munich, and four extra flights to Beijing, also from Munich, the statement said.

"The Asia programme will be rounded off by the inclusion of four additional connections per week from Frankfurt to Hyderabad (India)," the statement said.

Overall, Lufthansa planned to boost total capacity by 1.3 percent in its summer timetable, the airline said in a statement.

In the long-haul business, it would increase capacity to and from Asia by 2.0 percent.

Capacity on routes to Africa and the Middle East would be increased by 1.2 percent. North American business would be increased by 0.4 percent and capacity in Germany and Europe by 4.6 percent.
__________________
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 February 2nd, 2006, 06:10 PM   #74
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18239

Lufthansa still sees significant fuel bill rise

FRANKFURT, Feb 2 (Reuters) - Germany's Deutsche Lufthansa still expects its fuel bill to soar as much as 40 percent this year, the airline's finance chief told an investor day in Frankfurt on Thursday.

Karl-Ludwig Kley reiterated his forecast for fuel costs to rise to 3.2-3.5 billion euros in 2006 from an estimated 2.5 billion ($3.02 billion) in 2005, a Lufthansa spokeswoman said, confirming his comments to investors.

The world's airlines are battling higher fuel expenses as oil prices linger at record levels. Lufthansa Star Alliance partner Singapore Airlines said on Thursday the high price of jet fuel was its biggest worry after fuel accounted for 37 percent of total expenditure in its fiscal third quarter.

Analysts attending the investor day told Reuters Lufthansa said its Thomas Cook holiday firm joint venture with KarstadtQuelle and its LSG catering division continued to be considered non-core businesses, though there was no information on possible concrete plans to dispose of the units.

German retailer KarstadtQuelle has repeatedly said it is interested in buying Lufthansa's half of Thomas Cook.

The Lufthansa spokeswoman said Lufthansa still had no plans to part with Thomas Cook.
__________________
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 February 4th, 2006, 02:38 AM   #75
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18239

Lufthansa shares rise after upbeat investor day

FRANKFURT, Feb 3 (Reuters) - Shares in German airline Deutsche Lufthansa were among the leading gainers on Germany's benchmark stock index on Friday as investors were upbeat following an investor day held in Frankfurt on Thursday.

Shares in Lufthansa were up 1.7 percent at 13.33 euros by 1113 GMT, compared with a 0.4 percent gain in the blue-chip DAX <.GDAXI> index. The stock earlier rose as much as 4.4 percent to 13.69 euros.

Both management and information given at the event, which was closed to the media, were "highly convincing", said DZ Bank analyst Raimon Kaufeld in a note following the investor day.

"The business performance in 2005 was excellent," he said. "(Finance chief Karl-Ludwig) Kley is highly optimistic for 2006, despite the high oil price. Strong demand means that higher kerosene prices can be passed on to consumers." Analysts who attended the investor day told Reuters on Thursday that Lufthansa had reiterated its forecast for fuel costs to rise as much as 40 percent to 3.5 billion euros ($4.23 billion) in 2006.

Lufthansa is about 85 percent hedged for fuel for 2006. The airline imposes fuel surcharges on air tickets of 52 euros one-way on long-haul flights and 12 euros one-way on domestic and European services.

Analysts said on Friday that Kley hinted at the event that management might propose a dividend increase.

DZ Bank's Kaufeld expects a dividend of at least 0.40 euros a share for 2005, up from 0.30 euros for 2004. He rates Lufthansa "buy".

Merrill Lynch analysts said in a note that Lufthansa implied the consensus 2005 dividend forecast of 0.35 euros a share meant there could be a positive surprise when the dividend is announced, traders familiar with the note said.

A Lufthansa spokeswoman said on Friday the airline would not comment specifically on the dividend until it publishes 2005 results in March.

DISPOSAL PLANS

Analysts also said on Thursday that Lufthansa said its Thomas Cook holiday firm joint venture with KarstadtQuelle and its LSG catering division continued to be considered non-core businesses, although there was no information on possible concrete plans to dispose of the units. The Merrill Lynch analysts wrote that Lufthansa said it was still hopeful of progress on disposals in 2006 and that it would consider airline acquisitions at the right price, though there was currently no suitable target.

JPMorgan analyst Chris Avery said on Friday that there was nothing price sensitive from the investor day, though "obviously it went down well with German investors".

(Additional reporting by Michael Smith in London)
__________________
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 February 6th, 2006, 04:29 PM   #76
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18239

Lufthansa to raise fuel surcharge on cargo flights by 5 euro cents
6 February 2006

FRANKFURT, Germany (AP) - Lufthansa AG will increase the fuel surcharge on its cargo flights to its previous level of 50 euro cents (US$0.60) per kilogram (2.2 pounds) of freight because of rising fuel costs, the airline said Monday.

The airline had the same rate last year, but it was later lowered to 45 euro cents.

The increase will take effect Feb. 20, the company said.

The airline cited high oil prices, which have been around US$65 a barrel. Lufthansa said it would review fuel and oil prices periodically for the rest of the year and could raise or lower the surcharge.

Shares of Lufthansa were up nearly 1 percent to euro13.49 (US$16.27) in Frankfurt trading.
__________________
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 February 9th, 2006, 05:30 PM   #77
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18239

Lufthansa jet skids off runway at Belgrade airport; no injuries
9 February 2006

BELGRADE, Serbia-Montenegro (AP) - A Lufthansa jet skidded off the icy runway at Belgrade Airport as it was lining up for takeoff, causing no injuries or major damage, officials said.

The Airbus A320 came to a stop in a field next to the airport's sole runway as it was heading for takeoff, said Sasa Bosanac, an aircraft mechanic at the airport.

Nebojsa Starcevic, the director of Serbia's national JAT Airways, said the probable cause of the skidding was ice on the runway. He said the plane skidded some 80 meters (yards) off the tarmac.

Lufthansa AG spokesman Thomas Jachnow said the plane would be examined by Lufthansa technicians for any damage and, pending a safety check, would be rotated back into service.

Flight No. 3409 had been scheduled to fly to Frankfurt and had 63 passengers aboard when it slipped on ice on the runway, he said.

"The passengers left the plane in the normal way and were rebooked on other flights," Jachnow told The Associated Press.
__________________
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 February 9th, 2006, 10:56 PM   #78
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18239

Lufthansa reports new increase in passenger numbers in January

FRANKFURT, Feb 9, 2006 (AFP) - German airline Lufthansa said on Thursday that passenger numbers increased again in January, driven primarily by strong demand for flights within Europe and to the Asia-Pacific region.

Lufthansa said in a statement that 3.639 million people travelled on its aircraft last month, 3.1 percent more than in January 2005.

But with a 5.2-percent increase in the number of flights and the number of seat-kilometres sold not rising as fast as the number of seat-kilometres on offer, capacity utilisation was down compared to the high level recorded last year.

The so-called seat-load factor, a key measure of profitability, fell by 1.3 percentage points to 72.0 percent in January, the airline said.

In Europe, the number of passengers was up by 4.2 percent at 2.752 million and the number of people flying to the Asia-Pacific region rose by 4.4 percent to 322,000.

By contrast, passenger numbers on routes to the Americas were down by 4.3 percent at 396,000 and on routes to the Middle East and Africa the number of passengers slipped by 0.5 percent to 166,000.

At the same time, Lufthansa said that freight traffic declined in January. Lufthansa Cargo transported 145,000 tonnes of freight and post last month, a decline of 3.1 percent on a 12-month basis.
__________________
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 February 12th, 2006, 05:36 PM   #79
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18239

Swiss flight to Miami diverts to Halifax because of engine trouble
12 February 2006

ZURICH, Switzerland (AP) - A Swiss airplane flying from Zurich to Miami had to divert Sunday and make an emergency landing at Halifax, Canada, a spokesman said.

The Airbus A-330 landed in Halifax at 7:45 a.m. local time after the pilot decided to cut short the flight when he noticed that the oil pressure in one of the engines was dangerously low, said Juerg Dinner, a spokesman for Swiss International Airlines.

The pilot initially diverted to Montreal but, as the oil pressure continued to fall, he had to turn off one engine and land in Halifax, which was closer, Dinner said.

The passengers were taken to a hotel and were to board another Swiss plane later in the day. A technician has been sent to Canada to repair the engine, Dinner added.
__________________
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 February 24th, 2006, 05:04 PM   #80
hkskyline
Hong Kong
 
hkskyline's Avatar
 
Join Date: Sep 2002
Posts: 86,962
Likes (Received): 18239

Germany's financial watchdog investigating Lufthansa's takeover of Swiss airline
By MATT MOORE
24 February 2006

FRANKFURT, Germany (AP) - Germany's financial watchdog, BaFin, said Friday it is investigating the US$375 million takeover of Swiss International Air Lines Ltd. by Lufthansa.

The regulator said it was investigating whether Cologne-based Lufthansa AG properly disclosed news of its takeover as soon as possible so as to avert any appearance of financial impropriety, like buying and selling shares before a major merger.

The agency's actions were first reported by weekly news magazine Spiegel in an advance copy of an article to be published Monday.

"We received a request for information from BaFin," Lufthansa spokesman Michael Goentgens told The Associated Press, adding that the company could not comment further.

German flag carrier Lufthansa, Europe's third-largest passenger airline behind British Airways and Air France-KLM, decided in May 2005 to buy troubled Swiss, which had racked up aggregate losses of about 2 billion Swiss francs since its creation in 2002.

In early July, Lufthansa won clearance from the European Union and U.S. antitrust regulators to proceed with its US$375 million takeover, provided the carriers surrender slots at several airports including hubs in Zurich and Frankfurt.

In January, Lufthansa said that its process to acquire all of Swiss International Air Lines Ltd.'s shares was complete and the company was delisted.

Shares of Lufthansa were flat at euro13.94 (US$16.66) in Frankfurt trading.
__________________
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


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 02:12 PM.


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