Business

German airline Lufthansa expects its network of routes to be nearly back to pre-coronavirus levels by September, despite air traffic restrictions. That's what the head of flight route planning at Lufthansa said in an interview.   According to planner Heiko Reitz, Lufthansa, with its subsidiaries Swiss, Austrian, Eurowings and Brussels Airlines, wants to return to almost all destinations worldwide. However, flights will then be less frequent than before because the number of travellers is still much lower than before the outbreak of the corona pandemic. A number of tourist destinations are already back in the network for the summer. Lufthansa hopes that profitable business travel will also recover from the crisis. KLM previously said that the international network is almost back to...

Inflation in Germany rose less sharply in June than in May when it reached its highest level since 2018. Lately, there has been a lot of buzz in the financial markets about rising inflation because central banks such as the European Central Bank (ECB) may be able to raise interest rates more quickly. Lower inflation is related to less sharp increases in energy and food prices. Certain services also became less expensive after their prices previously rose sharply due to high consumer demand due to the reviving of the economy from the corona crisis. For example, it concerns holidays. According to introductory figures from the German Federal Statistical Office, inflation was 2.1 percent year-on-year, equated to 2.4 percent a month earlier. This is a so-called harmonized figure so that Ger...