Ryanair has reported record traffic levels for July, becoming the first European airline to carry over 12m customers in a single month.

Germany’s Lufthansa airline has announced it is cancelling 3,800 flights because of a three-day strike by a pilots’ union later this week, affecting 425,000 passengers.

Thousands of pilots returned to work at German airline Lufthansa today after a strike was suspended but the carrier warned that it would not return to its normal schedule until Friday.

More than 4,000 pilots at Germany’s Lufthansa airline launched a four-day strike early today that is expected to cause headaches for travellers around the world.

German daily Handelsblatt has reported that the world's largest air cargo handler, Deutsche Lufthansa AG's Lufthansa Cargo unit, is to cut its rates.