Lufthansa Plans to Slash Flights on Virus’s Hit to Travel
- German flag carrier to cut short-haul flights, ground planes
- Airline says it’s too early to estimate impact on earnings
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Deutsche Lufthansa AG will significantly curtail flights and ground more planes in a new sign of the coronavirus’s escalating toll on travel.
The German flag carrier will cut as much as a quarter of its short- and medium-haul flights across all brands in the coming weeks. The number of grounded aircraft for long-haul services will rise to 23 from the current 13, the company said in a statement late Friday. Lufthansa may also reduce working hours.