One of the bright spots in the Lufthansa Group’s second quarter earnings report was its Swiss unit, which bested Lufthansa mainline, the Austrian unit and even the healthy maintenance unit. Meanwhile, Eurowings was the worst performing airline of the group, with a negative one percent margin—but that was a great improvement from the first quarter. […]
Tag: Eurowings
Lufthansa has a theory about why Europe’s airline industry remains so fragmented, even as the U.S. airline industry has become so consolidated. More interestingly, Lufthansa has a plan to help change that. There are four big impediments to European airline consolidation, the giant German airline says. For one, many European carriers (i.e. SAS, Finnair, TAP […]
Is growing Eurowings a safe bet? Lufthansa’s low-cost unit had a rough first quarter and that might not be the last. Eurowings is growing like gangbusters, propelling itself into the teeth of a crowded airline market and doing so with an unproven low-cost longhaul model. Lufthansa’s competitor Air France/KLM meanwhile posted a first-quarter loss, pulled […]