Competition from Chinese airlines that do not have to avoid Russian airspace is undermining the profitability of Lufthansa's Asian business, despite demand between Europe and China being quite strong, ...

"It's really overcapacity in Europe from Chinese carriers," Lufthansa's vice president for Asia-Pacific, Felipe Bonifatti, said in an interview this week.

BERLIN (Reuters) - Lufthansa reported a decline in full-year operating profit in line with expectations on Thursday, capping a difficult 2024 during which spiralling costs, limited airspace and ...

German airline giant Lufthansa said Thursday its 2024 profits dived during a turbulent year marked by strikes, rising costs and delayed aircraft deliveries, as a post-pandemic rebound petered out.