PPRuNe Forums - View Single Post - Lufthansa plans to increases number of grounded planes and job cuts
Old 3rd Oct 2020, 09:24
  #16 (permalink)  
lederhosen
 
Join Date: Jul 2007
Location: Germany
Posts: 1,023
Likes: 0
Received 6 Likes on 1 Post
I also heard from reasonably well informed sources that LH has been losing 500 million a month and that savings were reducing that by maybe 100 million. the great unknown is how long the current situation will continue. The North Atlantic business is currently weak and that was funding a lot of the rest.
lederhosen is offline