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

Jens Flottau March 19, 2020
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.

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