Lufthansa extends contract for CE Carsten Spohr
Lufthansa’s supervisory board has extended the contract of the group’s CE Carsten Spohr by 5 years, assuring continuity at the airline. Spohr became a member of the executive board in 2011 running the passenger airline division initially. He was named CE of the group in 2014 and has led the company through tumultuous times. Spohr was the mastermind behind creating and growing the concern’s second main airline brand, Eurowings, which targets a fleet of more than 200 aircraft by the end of 2018. Spohr also fought through a bitter conflict with pilot union VC and managed to achieve some structural cost reductions in a multi-year wage agreement. The airline’s profitability has been improving as a result, and Lufthansa is expected to report even higher profits when it releases its 2017 annual results March 15. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-03-15/star/lufthansa-extends-contract-for-ce-carsten-spohr
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Lufthansa extends contract for CE Carsten Spohr
Lufthansa’s supervisory board has extended the contract of the group’s CE Carsten Spohr by 5 years, assuring continuity at the airline. Spohr became a member of the executive board in 2011 running the passenger airline division initially. He was named CE of the group in 2014 and has led the company through tumultuous times. Spohr was the mastermind behind creating and growing the concern’s second main airline brand, Eurowings, which targets a fleet of more than 200 aircraft by the end of 2018. Spohr also fought through a bitter conflict with pilot union VC and managed to achieve some structural cost reductions in a multi-year wage agreement. The airline’s profitability has been improving as a result, and Lufthansa is expected to report even higher profits when it releases its 2017 annual results March 15. <br/>
