Deutsche Lufthansa AG Chief Executive Officer Carsten Spohr is digging in for the battle of his professional life.
Lufthansa’s losses from a series of crippling strikes over the past 10 months are set to surpass 230 million euros ($247 million), eclipsing expenses from a spate of walkouts last year. While the bill is eating into profit, it’s also testimony to Spohr’s determination to deliver the radical restructuring he says is needed to take on leaner carriers such as EasyJet Plc and British Airways.