Cost-cutting continues to this end, especially in areas that have no effect on customers’ perceptions of quality. The transaction, which was completed on March 16, saw Thiele increase his holding by 22.6 million shares, which were worth EUR195.5 million euros (USD212 million). The Lufthansa Group therefore builds continuously on its environmental commitment, is dedicated to many social issues and treats its employees responsibly and fairly.In terms of environmental protection, the Lufthansa Group invests continuously in the renewal of its fleet and in operating measures aimed at reducing the specific fuel consumption and the resulting COAbove and beyond its actual business activities, the Lufthansa Group continues to assume responsibility in addressing today’s social challenges.

That could eventually lead to break-up pressures on the group, whose other carriers include Austrian Airlines, Brussels Airlines and Swiss.Scholz, who met Thiele on Monday along with Economy Minister Peter Altmaier, has refused to countenance changes to the complex deal. In addition, responsible business is an integral part of the corporate strategy, which is why the Lufthansa Group is developing its corporate responsibility activities.In the fast-growing airline industry, the airlines in the Lufthansa Group operate in Europe’s most attractive markets.

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Improvements to the cost structure of Eurowings are to be driven in particular by a reduction to just one flight operation in Germany, increases in aircraft and crew productivity by adapting the network and reducing the misallocation of crew, modernising and harmonising the fleet by retiring old, high-maintenance aircraft, and reducing costs in administrative areas in line with the new exclusive focus on European short-haul routes. Considering this, the Lufthansa Group assumes that the consolidation of the European market will continue. FRANKFURT (Reuters) - The German government held talks with Lufthansa's biggest shareholder on Monday to persuade him to accept the terms of a 9 billion euro ($10 billion) coronavirus bailout that it has offered the airline group.Finance Minister Olaf Scholz voiced confidence that investors would approve the deal after he met Heinz Thiele, who owns 15.5% of the group and had threatened to block the aid at a shareholder meeting on Thursday.Scholz said the proposal to be put to shareholders had been "carefully weighed" in negotiations with Lufthansa and the EU, adding: "This will be taken into account, I think, by the shareholders.

The Five Star rating awarded to Lufthansa German Airlines by the renowned agency Skytrax, which for the first time has awarded an airline outside of Asia, is a tangible result of this quality strategy.In the future, the focus will remain on further improving the customer’s travel experience, optimising the route network and the fleet, and pursuing cost reduction initiatives.

Furthermore, developing the performance and cost culture and establishing agile organisational structures for projects and decision-making also make the Group fast, flexible and attractive as an employer.Focused digitalisation measures help the Lufthansa Group to keep building on its position as one of the most innovative airline groups. The increase was at the desired level in 2019.Eurowings is managed largely independent of the Network Airlines, in order to make optimal use of the structural cost advantages of the point-to-point model. The central pillar of its global social engagement for disadvantaged people is the help alliance, which celebrated its 20th anniversary in 2019. As a shaper and innovation driver of the airline industry, the Lufthansa Group therefore persists in aligning its services, business models and organisational structures with a complex, networked and dynamic market environment. In order to build on their successful positioning and deliver profitable growth, Aviation Services are permanently adapting their business models to changing value chains and competitive environments.