Lufthansa is making every effort to bring its European network business back to profitability, CEO Christoph Franz told ATW.
Lufthansa is making every effort to bring its European network business back to profitability, CEO Christoph Franz told ATW. Speaking on the sidelines of the IATA AGM in Singapore, he said, "Our European network is loss making and we hope to change this as soon as possible." He added that LH incurred a multi-million euro loss on European routes in the first quarter (ATW Daily News, May 6). Measures have been taken such as exchanging higher capacity aircraft with smaller ...
Subscribe to Access this Entire Article
"Lufthansa endeavoring to bring Europe routes back to the black" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.