Lufthansa Cuts Short-haul Offer

In view of the increasing spread of the novel corona virus, Lufthansa plans to significantly reduce its short-haul flights in the coming weeks.

The Dax group in Frankfurt am Main announced that the offer could drop by up to 25 percent on short and medium-haul routes. Lufthansa is also examining the possibility of applying for short-time work in various areas. The aggravated situation should also be felt on long-haul flights, with the number of long-haul aircraft remaining on the ground increasing from 13 to 23 in the group. The expected negative impact on earnings from current developments cannot yet be estimated, it said. On March 19, the group plans to present financial figures at the annual press conference.

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Lufthansa Cuts Short-haul Offer - /10

Summary

In view of the increasing spread of the novel corona virus, Lufthansa plans to significantly reduce its short-haul flights in the coming weeks.

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