Mayrhuber: LH revenue to fall 20% but no deferments planned

Lufthansa Chairman and CEO Wolfgang Mayrhuber told ATWOnline beside the IATA annual general meeting in Kuala Lumpur that the group expects around a 10% decline in passenger numbers this year and a drop in revenue of some 20%. "I guess we reached the bottom [of falling demand] and it will stabilize...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.