Lufthansa on April 30 decided to stop any planned growth of its low-fare brand Eurowings as that unit’s financial performance continued to deteriorate in the first quarter. Lufthansa had planned Eurowings capacity to grow by 2% for 2019 but that target is now reduced to zero. The airline posted a €257 million ($288.3 million) operating loss in the first three months of the year compared to €218 million a year earlier. At that time, Lufthansa stated that Eurowings’ ...

Subscribe to Access this Entire Article

"Lufthansa stops Eurowings growth plans as 1Q losses mount" 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.