Route network update for Eurowings
Lufthansa charts the course for recovery and profitability
18.06.2021 – 03:28 UTC
Lufthansa (LH, Frankfurt Int’l) aims to strengthen its balance sheet with a capital increase, she confirmed this week, outlining her plans for a post-pandemic future and a return to profitability with a smaller fleet and less of employees.
The company “mandated four banks to help calibrate” the possible capital increase, a move that would “be a clear path to leave the stabilization package in Germany and possibly the other countries that helped us in the crisis behind us. “said the general manager. Carsten Spohr said during a virtual presentation.
A year ago, in June 2020, the pandemic forced Lufthansa to accept 9 billion euros ($ 10.1 billion at the time) in aid from Germany and its other domestic markets. But he said this week that the net proceeds of a capital increase would notably help repay these stabilization measures and “restore a long-term sustainable and efficient capital structure.” He did not give a date or size for the measurement.
He added that the Economic Stabilization Fund (ESF) “envisages, taking into account …
Helvetic Airways opens a base in Basel in 3Q21
16.06.2021 – 23:58 UTC
Helvetic Airways (2L, Zurich) will station two of its Embraer E-Jets in Basel / Mulhouse / Freiburg, CH from July 10, 2021, for new weekend flights to leisure destinations in Greece, Spain and Cyprus.
These will be Helvetic’s first flights departing from the binational airport, which serves a tri-national catchment area stretching from the Swiss Mittelland (Midlands), to French Alsace and southern Germany, the company said. air in a press release.
The gradual easing of entry restrictions in various EU countries, the upcoming introduction of a COVID certificate and advances in vaccination have all helped to boost demand for leisure travel. With this in mind, Helvetic is expanding its range of summer services, he said.
These include new Saturday services to the Greek island of Santorini and the Spanish town of Jerez de la Frontera, and Sunday services to Larnaca in Cyprus. The flights are marketed directly by the airline and its partner tour operators Touristik Switzerland, Schauinsland, FTI, Hotelplan, TUI Travel and ITS.
commented the CEO of Helvetic …
Eurowings will open a base in Prague in 4Q21
16.06.2021 – 06:22 UTC
Eurowings (EW, Düsseldorf Int’l) is continuing its expansion strategy beyond its main German-speaking markets and will open a base at Prague Václav Havel Airport on October 31, 2021.
The low-cost airline of the Lufthansa group will initially base two A320-200s in the Czech capital, then three for the summer 2022 season.
“Eurowings will offer non-stop services to Czech business and leisure travelers, just in time for the revival of air traffic after the long Corona crisis,” said Managing Director Jens Bischof.
Outside of its home market in Germany, the carrier already has bases at airports in Palma de Mallorca, Salzburg and Pristina, but said earlier this year that it is actively seeking opportunities to expand its pan-European presence. At that time, Bischof, without citing any cities, identified the Nordic countries and Eastern Europe as particularly attractive markets.
According to ch-aviation PRO airports module, in terms of large scheduled carriers, Prague currently hosts crew bases for Buzz (a unit of Ryanair …