Spohr: Austrian to postpone long-haul fleet renewal

Credit: Joe Pries Aviation
Lufthansa subsidiary Austrian Airlines does not have strong enough finances to renew its long-haul fleet in the near future, Lufthansa chairman & CEO Carsten Spohr told ATW . “Ten percent of our [Lufthansa Group] aircraft is based in Austria, but only 4% of the group’s profit is generated there. The...

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