Lufthansa anticipates that it can stop burning through cash at some point in 2021, provided demand recovers to at least 50% of 2019 levels in what would be a substantial recovery from current levels of activity.
Lufthansa Cargo will continue to flexibly manage its freighter fleet of Boeing 777Fs and MD-11Fs in the coming months as belly capacity on passenger long-haul routes is curtailed by fewer flights amid the COVID-19 pandemic.
Lufthansa Group is revising further downwards its capacity planning for the 2020 fourth quarter (Q4), now that air transport demand in Europe is contracting further and no substantial re-opening of long-haul flights is in sight.
Lufthansa CEO and IATA chairman Carsten Spohr believes substantial global long-haul networks could be re-established by the second quarter of 2021 if there is broad COVID-19 testing of passengers and crew.
Lufthansa CEO Carsten Spohr told employees to expect deeper cuts to staff levels and the group’s fleet as the recovery of air travel will take much longer than originally anticipated.
Routes analyzes some of the services returning as well as new routes being launched. This week we look at Turkish Airlines’ delayed plans to serve Vancouver; Forli in northern Italy securing its first route in more than seven years; and S7 adding a leisure destination from Novosibirsk.
German cabin crew union UFO is recommending its members accept a preliminary crisis deal reached with Lufthansa to avoid forced redundancies despite major uncertainties about the details.
With the return of demand for long-haul travel still unclear, Lufthansa is preparing fundamental cuts to the group’s long-haul fleet that are likely to see several types retired entirely.
Brussels Airlines is increasing its range of short- and medium-haul fare options to align its offering more closely with the rest of the Lufthansa Group’s full-service carriers.
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.