Lufthansa (LHA GY) says it will remove 20k short-haul flights by October
Lufthansa's decision to cut 20,000 short-haul flights by October signals a significant capacity reduction, likely driven by factors such as operational challenges or demand adjustments.
Energy trader Mercuria has successfully navigated all of its vessels out of the Gulf and said more ships are passing through the Strait of Hormuz than data suggests
It is currently unclear when Vice President JD Vance will leave Washington for Pakistan, sources familiar with the talks tell CNN. The White House is planning to hold further meetings Tuesday to discuss the path forward, and Vance will be a part of them
Lufthansa (LHA GY) says it will remove 20k short-haul flights by October
Fed Chair nominee Warsh does not believe in forward guidance and says at this moment, supply side of the economy is changing dramatically; asked if he will be Trump's sock puppet, says absolutely not, he will be independent actor as Fed Chair
Salzgitter (SZG GY) prelim Q1 2026 (EUR): Pretax 200-300mln, Revenue 2.3bln (exp. 2.4bln); Raises FY EBT to 200-300mln (prev. 75-175mln) and EBITDA to 625-725mln (prev. 500-600mln); affirms FY revenue view of 9.5bln
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This move could impact revenue forecasts and investor sentiment, particularly as it reflects broader trends in the airline industry regarding capacity management in uncertain economic conditions.
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