Aviation

In an interview with Börsen-Zeitung, Till Streichert, CFO of the Lufthansa Group, says that the important transatlantic business still looks strong. And a major fleet renewal programme is underway, bringing in more fuel efficient aircraft.

While Boeing is in a deep crisis, Airbus is on a good run. Thomas Toepfer, the CFO of the European aerospace company, points to the vote of confidence from investors who have sent the stock price steadily higher.

In aviation, years of record results can quickly be followed by cycles of losses. Broadly diversified companies are better prepared for such fluctuations.

The initial evaluation period for Lufthansa's acquisition of Ita concludes in Brussels on January 15. It is expected that EU Commissioner Didier Reynders will opt for an in-depth review, which lasts 90 days.

The CEO of Lufthansa Airlines, Jens Ritter, knows exactly how things work on airplanes. Or so he thought. Until he worked as a flight attendant, which gave him plenty of "aha"-moments.