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☆ European markets head for lackluster open ahead of euro zone inflation, GDP data
▼ + stars: | 2024-04-30 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

European markets are heading for a lackluster open Tuesday ahead of a busy day of earnings and major data releases in the region. Preliminary euro zone inflation data for April and first-quarter gross domestic product figures for the single currency area are due Tuesday, while earnings come from AF-KLM, Stellantis, Capgemini, Mercedes, VW, Lufthansa, Santander, Caixabank, OMV, HSBC, Glencore and Whitbread, among others. Overnight, Asia-Pacific markets largely rose on Tuesday, tracking Wall Street moves, with investors awaiting China manufacturing purchasing managers' index for April. Meanwhile, U.S. stock futures were little changed Monday night after a positive start to the week, as investors brace for megacap earnings, the latest Federal Reserve interest rate decision on Wednesday, and a jobs report. The central bank is broadly anticipated to keep interest rates steady, but traders will be looking to see if Fed Chair Jerome Powell's post-meeting comments are more hawkish after the recent spate of hotter inflation reports.

Persons: Jerome Powell's Organizations: AF, KLM, Stellantis, VW, Lufthansa, HSBC, Glencore, Whitbread Locations: Santander, Caixabank, OMV, Asia, Pacific, China

☆ Loads of analysts cut their price targets on these 10 stocks ahead of earnings
▼ + stars: | 2024-04-18 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Analysts have lowered their expectations on several global stocks this week by cutting their price targets. The list of stocks includes auto stocks Tesla , Rivian and Aptiv , pharmaceutical firms Biogen and Novartis , energy companies EQT Corp and TotalEnergies , airline Deutsche Lufthansa and aerospace firm Boeing , and fast food giant McDonald's . The price target changes come ahead of the next earnings season covering the first quarter of this year. CNBC Pro screened for global stocks in the MSCI World index that have received price target downgrades over the past seven days and are yet to report earnings. Tesla Wall Street analysts from 15 firms downgraded their 12-month price targets for Tesla over the past week.

Persons: Elon Musk, Tesla's, Tesla, Stifel Nicholas, Johannes Braun, Marc Zeck, Samantha Subin, Michael Bloom Organizations: Novartis, EQT Corp, Deutsche Lufthansa, Boeing, CNBC Pro, Barclays, Lufthansa Locations: Stifel

☆ Lufthansa just got its first Airbus A350 fit with its upgraded Allegris cabin — which will soon include first class with a double bed. See inside.
▼ + stars: | 2024-04-16 | by ( Taylor Rains | ) www.businessinsider.com time to read: +1 min

Lufthansa is launching its new "Allegris" cabin on Airbus A350 planes starting in May. Allegris represents a new era of comfort for Lufthansa and will initially serve Canada and the US. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. On Sunday, Lufthansa Airlines CEO Jens Ritter announced on LinkedIn the delivery of the airline's first-ever Allegris-equipped airplane — an Airbus A350, registered D-AIXT and nicknamed Leipzig. This story is available exclusively to Business Insider subscribers.

Persons: Allegris, —, Jens Ritter Organizations: Lufthansa, Airbus, Service, Sunday, LinkedIn, North America, Business Locations: Canada, Leipzig, North, Vancouver, Toronto

☆ Flights are still being disrupted and rerouted after Iran's attack on Israel. Here's what you need to know
▼ + stars: | 2024-04-16 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

British low-cost carrier easyJet on Tuesday said it was extending its suspension of Israel flights for the remainder of the summer season, until Oct. 27, and would refund customers due to fly. Rival Wizz Air resumed flights to Tel Aviv on Tuesday but said passengers may experience "schedule changes" and that it was monitoring the situation. Dutch airline KLM canceled flights to Israel until Apr. Air India said it had temporarily suspended flights to and from Tel Aviv and its Tuesday service was listed as canceled. Germany's Lufthansa Group said it had resumed flights to Tel Aviv, Amman and Erbil on Tuesday, but had canceled flights to Tehran and Beirut up until Thursday.

Organizations: Sunday, Wizz Air, KLM, Air, Germany's Lufthansa Group Locations: Ben Gurion, Iran, Tel Aviv, Israel, British, Air India, Amman, Erbil, Tehran, Beirut

☆ Live updates: Israel intercepts Iran drone attacks and weighs response, Gaza crisis continues
▼ + stars: | 2024-04-15 | by ( Kathleen Magramo | ) edition.cnn.com time to read: 1 min

Airports in the Iranian capital of Tehran have resumed flights at 6:00 a.m. local time on Monday, according to Iran's state-aligned Tasnim news agency. On Sunday both of Tehran's airports, Imam Khomeini Airport and Mehrabad Airport, suspended flights after Iran's attack on Israel stoked regional tensions. Travel disrupted: On Saturday, at least three United Airlines flights headed to or departing from the Middle East were canceled as the conflict unfolded. Dutch carrier KLM has said it would stop flying over Iran and Israel "as a precaution" but continue to fly to and from Tel Aviv. Austrian Airlines and Lufthansa — currently the only two Western carriers that operate international flights to Iran — have announced a suspension of flights to and from Tehran through April 18.

Persons: Khomeini, Iran — Organizations: Mehrabad, United Airlines, Dutch, KLM, Tel Aviv . Austrian Airlines, Lufthansa — Locations: Tehran, Israel, Iran, Tel Aviv

☆ Germany's Lufthansa suspends flights to and from Tehran amid Middle East crisis
▼ + stars: | 2024-04-10 | by ( ) www.cnbc.com time to read: +2 min

Germany's Lufthansa said on Wednesday it suspended flights to and from Tehran from April 6 until probably April 11, "due to the current situation in the Middle East". "We are constantly monitoring the situation in the Middle East and are in close contact with the authorities. Later, Tehran said that the shooting-down of the Ukrainian was a "disastrous mistake" by forces who were on high alert. In retaliation for the killing of Qasem Soleimani, head of an elite overseas unit of the Guards, Iranian forces fired missiles at military bases housing U.S. troops in Iraq on Jan. 3. More than 33,000 Palestinians have been killed in six months of Israeli bombardment of Gaza, according to the health ministry in Gaza.

Persons: Germany's, Iran's, Ayatollah Ali Khamenei, Khamenei, Israel Katz, Qasem Soleimani Organizations: Lufthansa, Frankfurt Airport, Germany's Lufthansa, Reuters, Bloomberg, Revolutionary Guards, Ukraine International Airlines, Tehran, Iranian Guards, Guards Locations: Frankfurt, Germany, Tehran, United States, Iran, Iranian, Syria, Israel, Damascus, Washington, U.S, Baghdad, Ukrainian, Iraq, Gaza, Hamas

☆ A couple lost $4,400 when their Lufthansa flight was canceled. The airline promised them a refund, but 5 months later, they still haven't received the money.
▼ + stars: | 2024-03-29 | by ( Monica Humphries | ) www.businessinsider.com time to read: +9 min

Last summer, a couple was flying home when their connecting Lufthansa flight in Germany was canceled. In August, they were flying home from Singapore on United Airlines when their Lufthansa Airlines connection between Germany and New Jersey was canceled, Giantisco told Business Insider. Advertisement"More than anything, we need the money we spent trying to get home at the last minute and being stuck in Munich," Giantisco said. They flew from Munich to London on a Lufthansa flight and from London to New Jersey on United. That became a challenge when they discovered their original flight information had been removed from their United flight history.

Persons: haven't, —, Emma Giantisco, Dylan Marton, Giantisco, Marton, Marton hasn't, they'd, that's, Dylan Marton United, I've Organizations: Lufthansa, Service, United Airlines, Lufthansa Airlines, Business, New Jersey ., BI, Lufthansa rebooking, United, European Union, Star Alliance Locations: Germany, Singapore, New Jersey, Munich, Giantisco, Southeast Asia, Lambertville , New Jersey, Newark, Frankfurt, London, Marton

☆ The Boeing 787 that suddenly dropped mid-flight and injured at least 50 people is a stark reminder: Always wear your seatbelt.
▼ + stars: | 2024-03-12 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

A Latam Airlines Boeing 787 experienced a sudden midair drop on Monday, injuring at least 50 people. Dozens of turbulence-related injuries have been seen on other carriers like Lufthansa and Delta. AdvertisementA passenger on the Boeing 787 that suddenly dropped midair over the Pacific on Monday described a scary scene. In an interview with CNN on Tuesday, Latam Airlines Flight 800 passenger Brian Jokat said the plane "dropped something to the effect of 500 feet instantly," jolting him awake. The "fasten seatbelt" sign was on at the time, airline Chief Operating Officer Jon Snook said, HawaiiNewsNow reported.

Persons: —, Brian Jokat, I'm, Rolanda Schmidt, Melissa Matteso, Jon Snook, HawaiiNewsNow, Bill Duncan, Taylor Organizations: Latam Airlines Boeing, Lufthansa, Delta, Service, Boeing, Pacific, CNN, Latam, RNZ, New Zealand Herald, US National Transportation Safety Board, Airlines, Lufthansa Airbus, Washington Post, Lufthansa Flight, Hawaiian Airlines Airbus, Sydney Morning Herald, Delta Air Lines, Norwegian Air Shuttle, Alaska Airlines Boeing, NTSB, The Weather Company, Business, Allegiant Locations: Sydney, Auckland , New Zealand, Austin, Washington, Frankfurt, Honolulu

☆ Lufthansa flight attendants to strike on Tuesday and Wednesday
▼ + stars: | 2024-03-10 | by ( ) www.cnbc.com time to read: +1 min

A Lufthansa Airbus A380 aircraft stands at the gate at the airport prior to departure for Boston. Lufthansa's cabin crew union has called on its members to strike at Lufthansa and short-haul carrier CityLine on Tuesday and Wednesday to press their demands for higher pay. The UFO union of flight attendants said on Saturday that the strike, which was voted for by members, would affect departures from Frankfurt airport on Tuesday and departures from Munich on Wednesday. Europe's airlines have benefited from unprecedented demand since the pandemic, allowing them to raise prices, but higher labor and maintenance costs have limited earnings growth. On Thursday, Lufthansa ground staff walked off the job, while on Wednesday cabin crew voted to strike as they seek a 15% wage increase.

Organizations: Lufthansa Airbus, Boston, Lufthansa, Wednesday Locations: Munich, Boston, Frankfurt

☆ Lufthansa is hurting as Germany is gripped by strikes
▼ + stars: | 2024-03-07 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

The strikes have also discouraged numerous customers from booking flights — particularly last-minute ”profitable” flights — resulting in a ”significant sales loss” for the company, he added. Lufthansa Group reported operating profit of around €2.7 billion ($2.9 billion) — the third-biggest in its history, and up 76% from 2022. The Verdi union, which represents 25,000 Lufthansa ground staff, had called for them to go on strike from early Thursday and until Saturday morning. The strikes are just the latest in a wave of industrial action in Germany, famed for its strong legal protections for workers, and follow walkouts by train drivers in January over wages. Deutsche Bahn, Germany’s state-owned rail operator, said it expected the industrial action to have a “massive” impact on its operations.

Persons: Berlin CNN —, Remco Steenbergen, Verdi, Marvin Reschinsky, Michael Niggemann, Chris Stern, Olesya Dmitracova, Eve Brennan, Rob North Organizations: Berlin CNN, Berlin CNN — Germany’s, Lufthansa Group, Lufthansa, Austrian Airlines, Security, Hamburg, Monetary Fund, Deutsche Bahn Locations: Berlin, €, Frankfurt, Dusseldorf, Germany, Germany’s, London

☆ Flight attendants for Lufthansa want to start charging customers for special meals, saying the number of people ordering them is getting out of hand
▼ + stars: | 2024-02-28 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

Lufthansa flight attendants are calling for a charge on special meals, per Aero Telegraph. They're overwhelmed by demand with as many as 190 passengers ordering special meals. The airline is also facing growing discontent among staff, with ground staff staging their third strike this month. Passengers can request special meals for dietary or religious reasons. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Lufthansa, Aero Telegraph, Service, Aero, Business

CNN —United Airlines said it will resume flights from the United States to Israel beginning in March. United is the first major US airline carrier to resume flights to Israel following the October 7 Hamas terror attack and ensuing war in Gaza. United said there will be some connecting flights from New York and Newark on March 2 and March 4 and the goal is to begin daily non-stop flights on March 6. “United conducted a detailed safety analysis in making this decision, including close work with security experts and government officials in the United States and Israel. Neither of the other major US airlines that historically offered flights to Israel, Delta and American Airlines, have resumed service yet.

Organizations: CNN — United Airlines, United, “, Air Line Pilots Association, Association of, Washington Dulles, Lufthansa, Austrian Airlines, Air, American Airlines Locations: United States, Israel, Gaza, United, New York, Newark, San Francisco, Washington, Chicago, Tel Aviv, Air France, Delta

☆ A Lufthansa passenger is suing the airline, saying he was thrown around so violently by severe turbulence that his back was fractured
▼ + stars: | 2024-02-21 | by ( Pete Syme | ) www.businessinsider.com time to read: 1 min

A Lufthansa flight from Austin to Germany encountered severe turbulence last year. A passenger sued the airline last Friday, saying he experienced a fractured lumbar and herniated disc. Lufthansa is being sued by a passenger who says he fractured his back when severe turbulence threw him against the ceiling of the plane during a flight in March 2023. Elwaleed Sidahmed filed a lawsuit against the German airline in a Texas District Court last Friday, which Business Insider has seen. It says he was traveling on Flight 469 from Austin to Frankfurt, Germany last March when the plane encountered "severe and violent turbulence."

Persons: Elwaleed Sidahmed Organizations: Lufthansa, Business Locations: Austin, Germany, Texas, Frankfurt

☆ Man dies mid-flight after breaking out in 'cold sweats' and losing 'liters of blood,' scaring his fellow passengers
▼ + stars: | 2024-02-10 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +1 min

A 63-year-old man died on a Lufthansa flight on Thursday, according to Swiss-German outlet Blick. Witnesses told the outlet the man had blood gushing from his nose and mouth. AdvertisementA 63-year-old man died during a Lufthansa flight this week after losing "liters of blood' in a scene that terrified passengers. The unidentified man boarded a Lufthansa flight from Bangkok to Munich with his wife on Thursday, according to Swiss-German outlet Blick. Witnesses Martin and Karin Missfelder told Blick that they sat in the row diagonally behind the male passenger and his wife.

Persons: —, Witnesses Martin, Karin Missfelder, Blick Organizations: Lufthansa, Service, Business Locations: Swiss, Bangkok, Munich

☆ Can Germany’s sputtering economy be revived in 2024?
▼ + stars: | 2024-02-10 | by ( Hanna Ziady | ) edition.cnn.com time to read: +11 min

Europe’s biggest economy shrank last year for the first time since the onset of the Covid-19 pandemic. And the outlook isn’t much brighter: the International Monetary Fund predicts that Germany will be the slowest-growing major economy in 2024, eking out an increase of just 0.5%. “Germany needs a fundamental economic transformation,” Marcel Fratzcher, president of the German Institute for Economic Research in Berlin, told CNN. Carsten Koall/Getty ImagesHomegrown troublesAlongside an external environment that has become more hostile to Germany’s outward-facing economy, the country’s internal political climate has worsened. Businesses such as these, which can find new markets and applications for their know-how, may hold the key to reviving Germany’s moribund economy.

Persons: What’s, ” Marcel Fratzcher, ”, Carsten Brzeski, Jens Schlueter, Constanze Stelzenmuller, Christian Lindner, Olaf Scholz, Robert Habeck, Carsten Koall, Michael Probst, Karl Haeusgen, ” Sebastian Shukla, Chris Stern Organizations: London CNN — Trains, Lufthansa, International Monetary Fund, European Union, European Commission, German Institute for Economic Research, CNN, ING, Brookings Institution, Volkswagen, Biden, Free Democratic Party, Social Democratic Party and, Green Party, Deutsche, LinkedIn, Investors, SAP, chipmaker Infineon, Intel, MAN Energy Solutions, Germany’s Machinery, Equipment Manufacturers Association Locations: Europe’s, Germany, Ukraine, Berlin, Europe, China, Zwickau, United States, Russia, “, Japan, masse, Frankfurt, ”, Hamburg, Jungheinrich, Augsburg, Munich, Esbjerg, Denmark

BERLIN (AP) — Ground staff for Lufthansa walked off the job at five major German airports on Wednesday, causing the airline to cancel hundreds of flights. Lufthansa said ahead of the strike that it expected to be able to operate around 10-20% of all planned flights. It said tickets could be rebooked free of charge, and tickets for German domestic flights could be converted to rail vouchers. In Frankfurt, the company canceled 80-90% of the planned 600 departures and arrivals by Lufthansa itself and subsidiary Air Dolomiti ahead of the strike, German news agency dpa reported. All Lufthansa departures from Berlin and Hamburg were canceled, as were most domestic flights from Duesseldorf.

Persons: Eurowings Organizations: BERLIN, —, Lufthansa, Frankfurt, Wednesday, Air, Munich Locations: Munich, Berlin, Duesseldorf, Hamburg, Frankfurt, Germany

☆ Lufthansa Strike Hits Air Travel as German Disruption Mounts
▼ + stars: | 2024-02-07 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +1 min

BERLIN (Reuters) - Ground staff at German airline Lufthansa walked out at major airports on Wednesday, raising the pressure in wage talks and piling misery on travellers in Europe's biggest economy already hit by strikes on railways and public transport. The Verdi union has targeted the Frankfurt and Munich airports, where Lufthansa says only 10%-20% of flights will operate, as well as Berlin, Hamburg and Duesseldorf. Verdi wants a wage rise of 12.5% for some 25,000 workers, or at least 500 euros ($537.00) more per month over a 12-month-period, plus a one-time payment of 3,000 euros to offset inflation. A wave of nationwide industrial action in the last few weeks has hit air travel, railways and public transport, inflicting pain on the economy and fuelling discontent with German Chancellor Olaf Scholz's awkward three-way coalition. ($1 = 0.9311 euros)(Writing by Madeline Chambers; Editing by Miranda Murray)

Persons: Verdi, Duesseldorf, Olaf Scholz's, Madeline Chambers, Miranda Murray Organizations: BERLIN, Lufthansa, Frankfurt Locations: Europe's, Munich, Berlin, Hamburg

MILAN (AP) — The European Commission on Tuesday announced an in-depth investigation of German airline Lufthansa’s planned takeover of Italian carrier ITA Airways, citing competitive concerns. Lufthansa signed a deal last year for a 41% minority share in the long-struggling ITA Airways, formerly Alitalia. The deal calls for a 325-million-euro ($354 million) investment by Lufthansa, and another 250 million euros ($272 million) from the Italian Finance Ministry. The European Commission cited concerns about reduced competition on short-haul flights between Italy and Central Europe and long-haul routes between Italy and the United States, Canada, Japan and India. ITA Airways and Lufthansa compete on the Central European flights, where low-cost players generally serve secondary airports.

Persons: Gregory Alegi, bailouts, ’ Alegi Organizations: MILAN, European Commission, Lufthansa’s, Italian, ITA Airways, Lufthansa, Alitalia, Italian Finance Ministry, Central, ITA, Air Canada, United, European Union, LUISS University Locations: Italy, Central Europe, United States, Canada, Japan, India, Milan’s Linate

☆ Passengers wake up in the ‘wrong’ country as Storm Isha plays havoc with flight plans
▼ + stars: | 2024-01-22 | by ( Julia Buckley | ) edition.cnn.com time to read: +8 min

CNN —Thousands of airline passengers across Europe woke up this morning at the wrong destination – and even in the wrong country – after Storm Isha caused havoc with flights, with dozens of cancelations, diversions and go-arounds in western Europe. Quintupling flight timesThis flight from Shannon to Edinburgh ended up in Cologne. There were over 100 go-arounds at UK airports, according to NATS, the UK’s air traffic control operator. “We did see some diverted flights leaving Manchester and some diverted to Manchester because of conditions at other airports, particularly Dublin,” they said. London’s Gatwick airport saw 22 diversions, but was able to take five flights diverted from other airports, according to a spokesperson for the airport.

Persons: Storm Isha, Kevin Cullinane, FlightRadar, “ Isha, Steve Fox, “, ”, –, Jerry Dyer, – Dyer, Isha, Jerry, Big Organizations: CNN, Ryanair, Dublin Airport, FlightRadar, Paris Beauvais, Belfast, Dublin, Lufthansa, Cork, NATS, Gatwick, Stansted, Big Jet, Heathrow, Birmingham Airport, London Locations: Europe, Ireland, Dublin, daa, ’, Lanzarote, Canary, Bordeaux, France, Shannon, Edinburgh, Cologne, Manchester, Paris, What’s, Glasgow, Liverpool –, Belfast, Liverpool, Scotland, Germany, Munich, England, Deauville, Stansted, London, Antalya, Turkey, Lyon, Budapest, Cork, Mexico City

☆ Air Traffic Climbs at Israel's Tel Aviv Airport in 2023 but War Weighs
▼ + stars: | 2024-01-21 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +2 min

By Steven ScheerJERUSALEM (Reuters) - Air travel to and from Israel plunged in the last three months of 2023 amid the Israel-Hamas conflict, but the number of passengers travelling through Ben Gurion International Airport near Tel Aviv still rose 10% in 2023. The number of international travellers reached 21.1 million in 2023, up from 19.2 million in 2022, the Israel Airports Authority (IAA) said in a report on Sunday. But since then, traffic has plunged, culminating in a 78% drop in November and 71% dive in December, the IAA said. Ryanair was third with a 5.4% share, although its number of passengers dipped 12% in 2023. In 2023, 3 million tourists visited Israel, up from 2.7 million in 2022.

Persons: Steven Scheer JERUSALEM, Ben Gurion, Oz, Israel . Bar Oz, Steven Scheer, Bernadette Baum Organizations: Ben Gurion, Israel Airports Authority, Palestinian, Hamas, IAA, Al Israel Airlines, Ryanair, Israel ., Airlines, Lufthansa, Swiss, Tel Aviv . Air France Locations: Israel, Tel Aviv, Gaza, El Al, United States, York's JFK, France, Britain, Austrian, Aegean

☆ See the luxe cabin designed for Boeing's more than $400 million BBJ 777X private jet targeting the world's wealthiest
▼ + stars: | 2023-12-03 | by ( Taylor Rains | ) www.businessinsider.com time to read: +1 min

Lufthansa Technik unveiled a cabin design for Boeing's newest business jet. The more than $400 million BBJ 777X was unveiled in 2018 and is expected to enter service in 2025. AdvertisementAhead of last month's Dubai Airshow, Lufthansa Technik AG unveiled a new luxury design for Boeing's upcoming BBJ 777-9 business jet. Boeing Business Jets is the company's private aviation arm and produces a line of private planes based on its commercial airliners, including the BBJ 737 MAX, the BBJ 787, and the upcoming BBJ 777X. Named the CelestialSTAR and primarily targeting Middle Eastern royal families, the long-awaited 777X design looks like a palace with a modern flair.

Persons: — Organizations: Lufthansa Technik, Service, Dubai, Lufthansa Technik AG, Boeing Business Jets

☆ Travel news: The world’s most peaceful countries in 2023
▼ + stars: | 2023-12-02 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Get the latest news in aviation, food and drink, where to stay and other travel developments. CNN —In travel news this week: the world’s leading destinations for neighborliness and tranquility, what’s trending in aircraft interiors and top picks for city getaways and Asian hotels. World’s most peaceful countriesWhat do Iceland, Denmark and Ireland have in common, other than being Northwestern European countries with oceanic climates and gorgeous, green landscapes shaped by ancient glaciers? That’s what’s promised by Lufthansa Technik’s new cabin design for the upcoming BBJ 777-9 — the private jet version of Boeing’s new widebody aircraft, the 777X.

Persons: Hong Kong’s, That’s what’s, doored, —, ” Organizations: CNN, Northwestern, for Economics, Lufthansa, Geographic, Royal Caribbean Locations: getaways, Iceland, Denmark, Ireland, Hong Kong, Belfast, Northern Ireland, Lima, Samarkand, Uzbekistan, Cairo, Angeles

☆ An arguing couple forced a Lufthansa A380 to divert after the husband reportedly threw food and tried to set fire to a blanket
▼ + stars: | 2023-11-30 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

An arguing couple forced a Lufthansa A380 to be diverted to Delhi, per The Times of India. The husband shouted at his wife, threw food, and tried to set a blanket on fire with a lighter, the paper reported. Lufthansa confirmed an incident involving an "unruly passenger" on the flight to Business Insider. AdvertisementA Lufthansa flight was forced to divert on Wednesday after a severe argument between a husband and wife, The Times of India reported. It prompted pilots to tell air traffic control at Indira Gandhi International Airport in Delhi, India about a "situation and possible unruly passenger," per The Times of India.

Persons: — Organizations: Lufthansa, Business, Service, Airbus, Indira Gandhi International, Indian Express, Delhi Police Locations: Delhi, India, Times, Munich, Germany, Bangkok, Thailand, Thai, Flightradar24

☆ Germany's Kuehne examines offer for Signa's Hamburg skyscraper, Handelsblatt reports
▼ + stars: | 2023-11-26 | by ( ) www.reuters.com time to read: +1 min

View of the construction site of the Elbtower building, owned by Rene Benko’s Signa and a Commerzbank subsidiary, in Hamburg Germany, November 2, 2023. REUTERS/Fabian Bimmer/File Photo Acquire Licensing RightsFRANKFURT, Nov 26 (Reuters) - German logistics entrepreneur Klaus-Michael Kuehne is examining a takeover of Signa Group's abandoned Elbtower high-rise project in his hometown of Hamburg, Handelsblatt reported. Discussions on the takeover by Kuehne are quite advanced, but no decision has been made, German newspaper Handelsblatt reported, citing a source. Signa, owner of New York's Chrysler Building and Britain's Selfridges store, and spokespeople for Kuehne and the city of Hamburg did not respond to requests for comment on Sunday. This led to the insolvency of its subsidiary Signa Real Estate Management Germany on Friday, Spiegel magazine reported.

Persons: Rene Benko’s Signa, Fabian Bimmer, Klaus, Michael Kuehne, Group's, Handelsblatt, Signa, Kuehne und Nagel, Hapag Lloyd, René Benko, Emma, Victoria Farr, Alexander Smith Organizations: REUTERS, Rights, Kuehne, Lufthansa, Chrysler, Real Estate Management, Spiegel, Thomson Locations: Hamburg Germany, Hamburg, Austrian, Real Estate Management Germany, Signa, Germany

☆ How Emirates will keep the world's largest airliner flying for years to come —even though Airbus doesn't make it anymore
▼ + stars: | 2023-11-25 | by ( Taylor Rains | ) www.businessinsider.com time to read: +4 min

Emirates announced investments of more than $1.5 billion to keep its 119-strong fleet of Airbus A380s flying. While Airbus shut down production of the A380 in 2021, the move shows Emirates' continued commitment to the jet. AdvertisementAlthough global airlines continue to retire the mammoth Airbus A380 in favor of more fuel-efficient twin-engine aircraft, Emirates is long from giving up on its flagship airplane. AdvertisementThe billion-dollar investment comes despite Airbus shutting down production of the A380 in 2021 after sending off its last double-decker to Emirates. In January, the first of 67 superjumbos completed its full cabin overhaul as part of Emirates' $2 billion retrofit program.

Persons: —, Sir Tim Clark, Clark, Bob Lange, Alan Joyce Organizations: Emirates, Airbus, Service, Dubai Airshow, Collins Aerospace, Honeywell, Pratt & Whitney, Lufthansa Technik, Boeing, British Airways, Qantas, Korean, CNN Locations: Emirates, UAE, London, Los Angeles . Emirates

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