Verdi warning strike: Lufthansa cancels flights in Frankfurt already on Monday evening

FRANKFURT - The renewed warning strike by Lufthansa ground staff will lead to numerous flight cancellations this Monday evening. The airline has canceled dozens of flights at its Frankfurt hub, according to the airport's departure board. European flights in particular were canceled, while important intercontinental connections to Buenos Aires or Cape Town, for example, were still scheduled to take off.

ROUNDUP: Lufthansa prepares for next strike - hardly any cancellations on Monday

FRANKFURT - Lufthansa passengers can once again expect numerous flight cancellations this Tuesday. Due to the announced Verdi warning strike by ground staff, the airline estimates that it will only be able to fly 10 to 20 percent of its originally planned program. During the first wave of warning strikes almost two weeks ago, around 900 flights were canceled and more than 100,000 passengers had to reschedule.

ROUNDUP: Commercial vehicle supplier SAF-Holland achieves higher annual forecast

BESSENBACH - The takeover of the Swedish brake specialist Haldex has paid off for SAF-Holland. In the past year, the commercial vehicle supplier significantly expanded its business and became more profitable. Although the final quarter was weaker due to seasonal factors, the company achieved its forecast for the year, which had been raised several times. The Management Board believes SAF-Holland is capable of further growth in the medium term, as the company, which is listed in the second-tier index SDax, announced on Monday in Bessenbach. The share price rose by 0.2 percent in the morning.

Rheinmetall plans production of ammunition in Ukraine

MUNICH - Rheinmetall is planning to build a new plant for the production of artillery ammunition in Ukraine. The German defense company and a Ukrainian partner company signed a letter of intent on the sidelines of the 60th Munich Security Conference, the company announced on Saturday.

After record profit: Santander invests billions in share buyback and dividends

MADRID - Following its record profit in 2023, the major Spanish bank Santander plans to spend billions again on dividends and buying back its own shares. Shareholders are to approve a final dividend of 9.50 cents per share at the Annual General Meeting, the bank announced in Madrid on Monday. Santander also intends to buy back its own shares for just under 1.5 billion euros. Last year, the bank achieved the highest profit in its history with almost 11.1 billion euros.


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Customer tip:

ROUNDUP: You can read a summary in the company overview. There are several reports on this topic on the dpa-AFX news service.