US EditionLufthansa Fast-Tracks Cuts Amid Rising Kerosene Costs
4 Articles
4 Articles
Horrendous kerosene prices force Lufthansa to act. The airline is now paralyzing its first aircraft.
Lufthansa fast-tracks cuts amid rising kerosene costs
Lufthansa Group is accelerating the implementation of its corporate strategy in response to sharply rising kerosene prices—now more than double pre-Iran war levels—and increasing pressures from labour disputes. An initial package of measures has been approved, including reductions to short-, medium- and long-haul flight programmes, alongside steps towards earlier fleet modernisation. As an immediate measure, all 27 operational aircraft of Luftha…
In response to high kerosene prices, Lufthansa is shutting down its first aircraft. Lufthansa's subsidiary, Swiss, remains in its previous phase-out plan for old machines. Sister Edelweiss, on the other hand, is cutting flights.
The high kerosene prices are increasingly creating for airlines. Lufthansa is now shutting down the first aircraft – also because of the strike.
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