ITA Airways has announced a major expansion of its codeshare agreement with the Lufthansa Group, significantly enhancing connectivity to key intercontinental markets across Africa and Asia. The extended agreement, effective for travel from September 2, 2025, enables passengers of both airline groups to access a broader network of destinations via Rome Fiumicino, Frankfurt, Munich, and Brussels.
Francesco Sciortino will join the Executive Board of Lufthansa Airlines on September 1, 2025, assuming the role of Hub Manager for Frankfurt. He will also serve as Accountable Manager for the Lufthansa airline, marking a key leadership shift at one of Lufthansa’s core operational hubs.
Lufthansa Group has reported a 27% year-on-year increase in adjusted EBIT for the second quarter of 2025, underscoring its robust financial recovery and efficient operational strategy amid strong travel demand. The group recorded an adjusted EBIT of €1.22 billion, significantly up from €961 million in Q2 2024. This performance reaffirms the Group’s positive full-year forecast, driven by continued passenger growth…
Group Engine Management GmbH has entered into a new strategic partnership with CDB Aviation through the signing of a General Terms Agreement (GTA) for aircraft engine leasing. The initial step under this broader cooperation involves a lease agreement for four Pratt & Whitney PW1100 engines, which will be deployed to support the Lufthansa Group Airlines fleet.
Austrian Airlines has revised its widebody fleet strategy, announcing plans to operate a total of 12 Boeing 787-9 Dreamliners, up from the originally planned 10 aircraft. This strategic expansion is aimed at reinforcing the airline’s long-haul capabilities amid increased intercontinental travel demand and modernization goals.
Austrian Airlines is preparing a major overhaul of its fleet strategy, announcing its intent to retire its current fleet of 17 Embraer E195 aircraft as it aims to simplify operations by focusing solely on Boeing and Airbus aircraft in the future. As part of this shift, the carrier also plans to retire its Boeing 767 and Boeing 777 aircraft, replacing them with new Boeing…
Austrian Airlines is set to lease one ATR72 turboprop aircraft from BRA (Braathens Regional Airlines) of Sweden for the 2025/26 winter season. The aircraft will be deployed on multiple regional routes, primarily operating out of Vienna, the airline’s central hub.
Austrian Airlines is evaluating the expansion of its wet-lease arrangements as a temporary solution to ongoing delivery delays of its Boeing 787 Dreamliners. The airline is also reacting to broader operational challenges linked to geopolitical instability in the Middle East, which has placed additional pressure on fleet planning and scheduling flexibility.
Lufthansa Group, the parent company of several major European airlines, is preparing to unveil a new restructuring initiative titled “Matrix Next Level.” The project is aimed at simplifying the Group’s corporate structure, streamlining operations, and enhancing managerial efficiency across its portfolio of carriers.
Lufthansa Group reported a 10% increase in revenue for the first quarter of 2025, reaching US$9.2 billion, while recording an adjusted EBIT loss of US$821 million. Despite the loss, the group maintained a strong liquidity position of US$12.9 billion.
