Lufthansa Group to Slash Flight Capacity in Half
Lufthansa Group has confirmed it will reduce flight capacity further than previously planned.
However, due to the exceptional circumstances caused by the spread of Covid-19 and the resulting drastic decline in bookings, capacity is now set to be reduced by up to 50 per cent in the coming weeks. Adjustments apply to all passenger airlines in the group.
Additionally, Lufthansa is considering taking its entire fleet of 14 Airbus A380 planes temporarily out of service in Frankfurt and Munich.
Lufthansa said it was not yet possible to determine the financial burden that could be expected from current developments. The group will publish key financial figures at its annual press conference on March 19.