Lufthansa has cut losses to a E1m every two hours, says CEO
Lufthansa is losing E1m every two hours, which represents “a significant improvement” over the low point of the Covid-19 crisis, CE Carsten Spohr said Thursday. Lufthansa, which was racking up losses at twice that rate at one point last year, has cut costs and pared flights to those generating positive cash flow thanks largely to buoyant cargo rates, Spohr said in a webcast interview hosted by Eurocontrol.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2021-01-22/star/lufthansa-has-cut-losses-to-a-e1m-every-two-hours-says-ceo
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Lufthansa has cut losses to a E1m every two hours, says CEO
Lufthansa is losing E1m every two hours, which represents “a significant improvement” over the low point of the Covid-19 crisis, CE Carsten Spohr said Thursday. Lufthansa, which was racking up losses at twice that rate at one point last year, has cut costs and pared flights to those generating positive cash flow thanks largely to buoyant cargo rates, Spohr said in a webcast interview hosted by Eurocontrol.<br/>
