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Lufthansa Grounds Planes to Counter High Fuel Prices
7 Articles
7 Articles
Lufthansa grounds planes to counter high fuel prices
Lufthansa is shrinking its fleet to counter rapidly rising fuel prices.Gone are the airline's 27 Mitsubishi CRJ900 regional jets operated by its Lufthansa CityLine regional affiliate. Lufthansa's four remaining Airbus A340-600s, with their unique downstairs toilets, are next: Their retirement is set for the end of the summer season. And, at the same time, the carrier will say goodbye to two of its last Boeing 747-400s.Lufthansa plans to retire i…
Major Airline Company Slashes 20,000 Flights, Cites Rising Fuel Costs * 100PercentFedUp.com * by Danielle
German aviation company Lufthansa Group, which owns Lufthansa Airlines and other European carriers, said it would cut 20,000 short-haul flights through October, citing higher fuel costs due to the war in Iran. The Lufthansa Group said the cuts would focus on less profitable routes, especially from its Germany-based hubs in Frankfurt and Munich. Lufthansa cuts 20,000 flights to save fuel as prices soar https://t.co/BShIt2eIad — Financial Times (…
Lufthansa cuts capacity by 1% after CityLine closure
Lufthansa (LH, Frankfurt International) will reduce its summer capacity by around 1% in terms of available seat-kilometres, or around 20,000 flights, as a result of the abrupt closure of feeder carrier Lufthansa CityLine. The airline has already implemented some cuts, including the suspension of services from Frankfurt International to Bydgoszcz Ignacy Jan Paderewski, Rzeszow Jasionka, and Stavanger. It has also consolidated operations on ten ot…
Lufthansa initiated the implementation of an accelerated strategic plan, due to the increase in the price of fuel. And in this context the closure of the regional subsidiary Cityline is proposed, also due to a series of strikes occurred in that business unit. “As a first step, of immediate application, the 27 operating planes of Lufthansa CityLine [...]
Four days of strikes, a Basta reaction and a clever framing: how Lufthansa decided to swap the anniversary strike with the trade unions. The thought flights about the less obvious behind the news of the week.
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