Lufthansa (LH) is planning to keep capacity flat this year and will phase out its Boeing 737 fleet by 2016 as part of its €1.5 billion cost-cutting measures, Deutsche Lufthansa AG executive board member Carsten Spohr told employees in an internal letter.
Lufthansa 737-300. By Rob Finlayson Lufthansa (LH) is planning to keep capacity flat this year and will phase out its Boeing 737 fleet by 2016 as part of its €1.5 billion cost-cutting measures, Deutsche Lufthansa AG executive board member Carsten Spohr told employees in an internal letter. Spohr said the move is important to ensure the airline’s future as it adds new fuel-efficient aircraft and competes with fast-growing Middle East and low-cost carriers. LH’s ...
Subscribe to Access this Entire Article
"Lufthansa aims for flat capacity in 2012; will phase out 737s by 2016" 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.
