Lufthansa Chairman and CEO Wolfgang Mayrhuber said the economic and industry downturn predicted by many, including IATA (ATWOnline, April 2), likely will not have a significant effect on the German company. "Lufthansa started very well this year," he told ATWOnline this week in Istanbul. "We have invested carefully for the future." He said LH's flexibility will enable it to weather any crisis. "We have flexible contracts with our employees, so we can adapt very fast to any new scenario." For ...

Subscribe to Access this Entire Article

"Printer-friendly" 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?

Already registered? here.