Lufthansa – News Stories About Lufthansa - Page 2

MARKETS

Apr 27, 2009 6:39 AM CDT

Swine Flu Sends Travel Stocks Falling

Airlines decline while drugmakers advance; Mexican peso tumbles

(Newser) - Stocks declined worldwide today, with travel companies leading losses as investors gave their first reaction to the outbreak of swine flu. Airlines took a pummeling—Lufthansa fell more than 12%, British Airways 8.7%—and tour operators like Carnival also suffered sharp drops. But pharmaceutical companies did well: drugmaker Roche,...

Spain Crash Toll May Be 150

UPDATED

Aug 20, 2008 11:53 AM CDT

Spain Crash Toll May Be 150

Witnesses say jet carrying 173 burst into flames just after Madrid takeoff

(Newser) - The death toll in today’s crash of a Spanair jet in Madrid is about 150, the Telegraph reports, with witnesses saying one of the aircraft’s engines exploded just after it took off, bound for the Canary Islands. Though the government is only confirming 45 dead, the Guardian says...

US Airlines
May Need Foreign Aid

Jun 30, 2008 8:43 AM CDT

US Airlines May Need Foreign Aid

May find security if caps on foreign investment are eased

(Newser) - Troubled US airlines could be looking to Congress to ease foreign ownership laws, as financial woes push them into the arms of new investment partners, the Wall Street Journal reports. Overseas companies, barred from holding more than 25% of the voting stock of US carriers, are eager to relax the...

Lufthansa Buys $300M Stake
in JetBlue

Dec 13, 2007 4:59 PM CST

Lufthansa Buys $300M Stake in JetBlue

German giant will own 19% of ailing US airline

(Newser) - Lufthansa will purchase a 19% stake in lagging JetBlue Airways for about $300 million, a move that reflects the industry-wide consolidation underway in recent months. The sale price of $7.27 a share is a 16% premium on yesterday's closing price of $6.25. The announcement immediately bounced JetBlue shares...

Airline to Offer Internet Access

Sep 19, 2007 5:17 AM CDT

Airline to Offer Internet Access

Alaska jet will have Wi-Fi hot spots for phones, laptops

(Newser) - Alaska Airlines will become the first US carrier to offer satellite-based Wi-Fi internet access to passengers, reports AP. The airline will install the wireless service on one 737 jet next spring with a view to outfitting the entire 114-plane fleet. American Airlines announced plans for internet access on some of...

Boarding Next: The Internet

Aug 7, 2007 11:42 AM CDT

Boarding Next: The Internet

Several major airlines lay groundwork for in-flight service next year

(Newser) - Several major airlines plan to roll out in-flight Internet service next year, USA Today reports. Carriers have been promising in-flight surfing for years, and now American, Lufthansa, Qantas, and Southwest are working with tech companies to deliver the midair surfing. The travel slump following 9/11 delayed the introduction of the...