Air Travel Lufthansa Group May Cut Flights By Up to 50% by GTP editing team 9 March 2020 written by GTP editing team 9 March 2020 0 comments Share 0FacebookTwitterLinkedinWhatsappEmail 18 Lufthansa Group on Friday said it may cut flights by up to 50 percent in the coming weeks, depending on the further development of demand. “Due to the exceptional circumstances caused by the spread of Covid-19 and the resulting drastic decline in bookings as well as numerous flight cancellations Lufthansa Group decided to reduce the flight capacity on offer even more than previously planned,” the Group said in an announcement. The capacity adjustments apply to all passenger airlines in the Lufthansa Group, namely Austrian Airlines, Brussels Airlines and SWISS. The Group is also considering temporarily taking out of service its entire Airbus A380 fleet (14 aircraft) in Frankfurt and Munich. “This measure is designed to reduce the financial consequences of the slump in demand. It complements the planned savings actions in the area of personnel, in material costs and project budgets, and other liquidity measures,” the Group said. In addition to an immediate hiring freeze, Lufthansa Group has already offered its employees the use of voluntary individual personnel measures in recent weeks. These include the granting of unpaid leave and bringing forward annual leave. The company is in talks with its operating partners and trade unions in order to avoid dismissals – among other measures – by means various part-time models, including probationary periods. Join the 15,000+ travel executives who read our newsletter Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece. Share 0 FacebookTwitterLinkedinWhatsappEmail GTP editing team This is the team byline for GTP. The copyrights for these articles are owned by GTP. They may not be redistributed without the permission of the owner. previous post Kālesma: New Luxury Hotel to Open on Mykonos next post Airlines Honored for Top 2019 Performance at Athens Airport You may also like Greece’s Hotel Market Sees Major Investments Over Four Months 5 February 2025 Global Air Passenger Demand Reaches Record High in 2024, IATA Reports 5 February 2025 Greek PM Reassures Public About Santorini’s Ongoing Seismic Activity 5 February 2025 Milos: Ministry Suspends 5-star Hotel Construction Near Sarakiniko Beach 5 February 2025 ELIME and HELMEPA Join Forces for Safer, More Sustainable Greek Ports 5 February 2025 Greek Ministries Team Up to Form National Cycling Strategy 5 February 2025 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. Δ