Lufthansa's decision to suspend 27 regional aircraft is quite a significant move. The pressure from fuel costs must really be hitting home. According to the announcement on April 17th, its subsidiary Lufthansa CityLine will stop operating its aging aircraft starting from the 18th. It seems they plan to withdraw completely within the year, so it's a major management decision.



It also appears that the impact of strikes is adding to the pressure, so it's not just rising fuel prices but a variety of pressures coming all at once. European airlines tend to act quite quickly in such situations. They probably see this as the only way to reduce losses.

Will such adjustments become more common across the entire airline industry? Fuel cost issues don't seem like they'll be easily resolved.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments