Stock Groups

Demand for Lufthansa flights to U.S. soars on re-opening By Reuters


© Reuters. FILEPHOTO: Lufthansa airplanes can be seen parking on Frankfurt Airport’s runway, Germany. REUTERS/Kai Pfaffenbach/File Photo

BERLIN (Reuters) – Demand for transatlantic flights has jumped since the United States announced plans last week to reopen to fully vaccinated travellers from countries including most of Europe, German airline Lufthansa said on Tuesday.

It stated that transatlantic flight bookings increased threefold in some cases last week. Demand on certain routes was close to levels pre-crisis.

The United States said last week it would reopen in November to air travellers from 33 countries including China, India, Brazil and most of Europe who are fully vaccinated against COVID-19.

For the large traditional European airline players, such as British Airways-owner IAG (LON:), Lufthansa and Air France-KLM, the decision represents a chance to recover the transatlantic routes that are key to their profits.

Lufthansa announced that December flight bookings to the United States were at their highest level since before the crisis.

Business and leisure travellers alike snapped up flights between Zurich and Frankfurt, New York City and Miami.

The number of bookings made last week for flights from Zurich to New York and Frankfurt in Premium Economy, Business, or First class was higher than the previous year.

Lufthansa stated that additional flights would soon be launched to the United States in order to respond to increased demand. The airline will fly three times daily from November on both Lufthansa’s and SWISS carriers.

To meet pre-Christmas travel demand, it is considering expanding its connections to New York.

Lufthansa continues to increase demand for United States flights, so it is adding feeder flights between Germany and its European hubs in Austria and Belgium.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. CFDs include futures, stocks, indexes and Forex. Prices are provided not by the exchanges. They are provided by market makers. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses you may incur due to the use of these data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.