Lufthansa CEO: Air Traffic ‘Caesura’ Means Restructuring Needed

Lufthansa is launching the "ReNew" program that will make the business leaner.
Credit: Joe Pries
Lufthansa Group said the collapse in demand for air travel following the outbreak of COVID-19 leaves it no choice but to start making redundancies in Germany and scrap 100 of its aircraft. “We are experiencing a caesura in global air traffic and do not expect demand to return to pre-crisis levels...

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