German airline giant Lufthansa said Tuesday it would add an environmental charge of up to 72 euros ($77) to fares in Europe to cover the cost of increasing EU climate regulations.
Lufthansa Group said Tuesday that it would add an “environmental cost surcharge” to ticket prices as soon as this week. The charge will be between 1 euro and 72 euros and will apply to most flights departing from Europe that are sold and operated by Lufthansa Group.
Investors interested in stocks from the Transportation - Airline sector have probably already heard of Deutsche Lufthansa AG (DLAKY) and Southwest Airlines (LUV). But which of these two stocks offers value investors a better bang for their buck right now?
The US Department of Transportation said Monday that three airlines including German carrier Lufthansa have been made to pay over $900 million in passenger refunds due to pandemic-related flight cancellations or changes.
The U.S. Transportation Department said Monday it has imposed $2.5 million in civil penalties in total against Lufthansa , Air France unit KLM Royal Dutch Airways and South African Airways.