Word: lufthansa
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...million. Last month, a report by the Association of European Airlines placed the firm near the bottom of the region's carriers for punctuality. In a ranking of lost luggage, BA performed worse than any other airline that provided data, losing 75% more bags than Air France or Lufthansa (archrival Virgin Atlantic did not participate). Even worse, Britain's Office of Fair Trading (OFT) and the U.S. Department of Justice fined BA more than $500 million in August after determining that it had colluded with rivals to fix prices. Two former BA execs, commercial director Martin George and communications chief...
...blue-and-gold Lufthansa jetliner rolled to a stop at Cologne airport late last week, the waiting crowd broke into a cheer. Out stepped Foreign Minister Walter Scheel. He brought home from Moscow two red-bound leather volumes containing a renunciation-of-force treaty between West Germany and the Soviet Union that he and Soviet Foreign Minister Andrei Gromyko had initialed only a few hours earlier. Perhaps unconsciously, Scheel spoke of accord in a phrase reminiscent of Bismarck's famed injunction to keep the line open to St. Petersburg, then Imperial Russia's capital. Said Scheel: "We have...
...Airbus and Lufthansa, the manufacturer and close client, had picked JFK's Hangar 19 to launch the plane in New York. It was also the spot where Pan Am had begun the maiden voyage of the Boeing 747 in 1970. And it is in Boeing's shadow that the A380 flies. It hasn't helped Airbus that the $300 million plane was two years late to its own party. Airbus suffered a terrible financial year due to A380 production delays, costing it an estimated $6.61 billion in forecast profit. The company also plans to cut 10,000 jobs. It estimates...
Catering to premium-class travelers is not new. Lufthansa, Swiss, KLM, Alitalia and others have flown smaller aircraft for that purpose on trade routes such as Stuttgart to Detroit. What's new is the leap by private investors into the transatlantic market. They are raising capital, buying planes and negotiating for airport slots--and it's starting to look like a trend. L'Avion began service between Paris and New York City on Jan. 3; Silverjet launched its single route between New York and London...
...When Ponto turned to pick up a vase, Klar and Mohnhaupt both opened fire, killing him. Two months later, in an attempt to spring their jailed comrades, the pair were part of a RAF team that kidnapped leading industrialist Hanns-Martin Schleyer; fellow terrorists engineered the hijacking of a Lufthansa plane. When German special forces killed three of the four hijackers and rescued the hostages in Mogadishu, Somalia, Baader and two others killed themselves in their cells; within two days of the attack at Mogadishu, investigators found Schleyer's body stuffed in the trunk of a car in France...