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Amsterdam airport offers airline discounts over fuel costs

Amsterdam airport offers airline discounts over fuel costs

Amsterdam's Schiphol Airport said Thursday it would offer airlines a 10-percent discount on airport charges due to the high price of jet fuel caused by the Iran war. The discount is a temporary measure that applies to daytime flights only from April 27 through March 2027, announced

Lufthansa loses fight over bailout at EU top court

Lufthansa loses fight over bailout at EU top court

German airline giant Lufthansa Thursday lost a legal battle over a six-billion-euro ($7-billion) pandemic-era government bailout when the EU's top court ruled Brussels mishandled its approval of the cash injection. Europe's biggest airline group by revenues received the bailout in 2020 to

Just a little late: Frankfurt celebrates new airport terminal

Just a little late: Frankfurt celebrates new airport terminal

Frankfurt airport opened a new terminal on Wednesday, just a few years late and a billion euros over budget, with officials hailing a success in a country notorious for troubled infrastructure projects. Terminal 3 at Germany's biggest airport, which has an 18-metre (60-foot) high ceiling and

Lufthansa accelerates cost cuts, closing subsidiary, as fuel prices surge

Lufthansa accelerates cost cuts, closing subsidiary, as fuel prices surge

Lufthansa said Thursday that it was accelerating savings plans by closing a regional subsidiary as the German aviation giant struggles with surging fuel costs due to the Iran war and a wave of labour strikes. The group also said it would reduce capacity on long- and short-haul routes after

EasyJet says first-half loss to deepen on Mideast war

EasyJet says first-half loss to deepen on Mideast war

British no-frills airline EasyJet on Thursday said it expects to post a deeper first-half loss compared with one year earlier after the Middle East war sent jet fuel prices soaring. EasyJet said it expected a headline loss before tax of between £540 million and £560 million ($733 million

Threat of grounded planes nears as jet fuel supplies dwindle

Threat of grounded planes nears as jet fuel supplies dwindle

Could planes soon be stuck on the ground due to a lack of fuel? The risk of jet fuel shortages is growing each day the Strait of Hormuz remains closed, although it isn't certain when exactly supplies will run out. The risk of shortages is greatest in Asia,

Merz praises Lufthansa on centenary as strikes ruin party

Merz praises Lufthansa on centenary as strikes ruin party

Chancellor Friedrich Merz on Wednesday praised "the strategic importance" of Lufthansa as the German airline giant marked its centenary, but the celebrations were marred by a wave of recent strikes. "Lufthansa provides technical and logistical support for the German government fleet," Merz said at Frankfurt Airport.