frankfurter
Lufthansa cancels 35 flights on Sunday
November 26, 2016 by elegant · Leave a Comment
Germany's biggest airline Lufthansa has canceled 35 flights on Sunday as the fallout from a four-day strike by pilots over pay spilled into a fifth day. “Almost all LH (Lufthansa) flights will operate according to schedule tomorrow. A spokesman also denied an unsourced report in Frankfurter Allgemeine Zeitung that said the airline had considered going insolvent to rid itself of the costly labor
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Lufthansa cancels 35 flights on Sunday
frankfurter
Germany’s Merkel cannot afford to bail out Deutsche Bank: media
October 1, 2016 by publisher · Leave a Comment
By Georgina Prodhan FRANKFURT (Reuters) – German Chancellor Angela Merkel cannot afford to bail out Deutsche Bank given the hard line Berlin has taken against state aid in other European nations and the risk of a political backlash at home, German media wrote on Saturday. The government denied a newspaper report on Wednesday that it was working on a rescue plan for Germany's biggest bank, as …
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Germany’s Merkel cannot afford to bail out Deutsche Bank: media
frankfurter
Volkswagen to offer generous compensation for U.S. customers: paper
February 7, 2016 by publisher · Leave a Comment
Volkswagen will offer generous compensation packages for the roughly 600,000 U.S. owners of diesel vehicles that emit an illegal amount of emissions, the head of its claims fund told a German paper. The German car maker has still not decided whether vehicle owners will be offered cash, car buy-backs, repairs or replacement cars, Kenneth Feinberg told Frankfurter Allgemeine Sonntagszeitung. Volkswagen in December asked Feinberg — who earlier headed the compensation funds for the…
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Volkswagen to offer generous compensation for U.S. customers: paper
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VW not under pressure to sell trucks business: trucks chief tells paper
January 31, 2016 by admin · Leave a Comment
Volkswagen is not under pressure to sell its trucks business to raise cash as it faces billions of euros in costs after admitting to rigging emissions tests, management board member Andreas Renschler told a German newspaper. “The operating results of the Volkswagen group are good, despite everything. There won't be a fire sale,” Renschler, who also heads the trucks business at VW, was quoted as
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VW not under pressure to sell trucks business: trucks chief tells paper