Lufthansa Group Cuts Capacity By 95%, To Defer Aircraft Deliveries

aircraft
A Lufthansa Airbus A320neo.
Credit: Rob Finlayson
FRANKFURT—Lufthansa Group plans to make massive cuts to its over €3 billion ($3.4 billion) in planned investments this year, as the airline prepares for an extended period of no or very little demand. “We wanted to take a new aircraft every ten days on average,” Lufthansa Group CEO Carsten Spohr...
Jens Flottau

Based in Frankfurt, Germany, Jens is executive editor and leads Aviation Week Network’s global team of journalists covering commercial aviation.

Subscription Required

 

Lufthansa Group Cuts Capacity By 95%, To Defer Aircraft Deliveries is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.