The three big European airline groups have been in restructuring mode for years. While International Airlines Group (IAG) has seen some improvement in the turnaround of Iberia, Air France-KLM and Lufthansa are discovering that they need to do more to reach sustainable cost levels. Lufthansa has been working through a list of hundreds of previously identified cost-saving items as part of its Score restructuring program, which is meant to improve operating results by ‚ā¨1.5 billion ($1.97 ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Europe‚Äôs Large Airlines Adopt More Cost-Saving Initiatives".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.