Lufthansa is grounding ten more aircraft

Lufthansa is implementing even more drastic measures to combat the impact of the coronavirus epidemic. The group is reducing short-haul capacity by up to 25% and is decommissioning further aircraft. Lufthansa Group has already had to ground 13 aircraft. On Friday, the Group posted a video on their intranet in which CEO Carsten Spohr addresses his employees. Shortly afterwards, an official press release was sent out explaining that in addition to the recently announced cost-cutting measures, the Lufthansa Executive Board has decided on further steps. "We will have to reduce capacity on short-haul routes by up to 25% in the coming weeks following initial cuts." The extent of the cuts will depend on "further developments in the spread of the coronavirus." Lufthansa is also further cutting down on long-haul flights. The 13 aircraft already on the ground will be joined by up to ten more. This means that 23 long-haul aircraft could be grounded because flights to China had to be cancelled after the outbreak of the epidemic and demand to and from Asia has collapsed.<br/>
Aero Telegraph
https://www.aerotelegraph.com/en/lufthansa-is-grounding-ten-more-aircraft
2/28/20
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