Lufthansa shuts down Germanwings
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Lufthansa shuts down Germanwings
Lufthansa is shutting down operations of its struggling German budget affiliate Germanwings, partly in response to the coronavirus. The German airline also said it was decommissioning 18 planes in its fleet and would withdraw 11 Airbus A320 jets from short-haul operations. "The Executive Board of Deutsche Lufthansa AG does not expect the aviation industry to return to pre-coronavirus crisis levels very quickly," the airline said in a statement. "According to its assessment, it will take months until the global travel restrictions are completely lifted and years until the worldwide demand for air travel returns to pre-crisis levels."
Though Lufthansa discontinued the Germanwings brand and replaced it with Eurowings in 2015, Germanwings had continued as a wet-lease operator for Eurowings under its own flight numbers.Trade unions had warned of its likely closure even before Lufthansa grounded in the region of 95% of all regular flights in response to the coronavirus.
Though Lufthansa discontinued the Germanwings brand and replaced it with Eurowings in 2015, Germanwings had continued as a wet-lease operator for Eurowings under its own flight numbers.Trade unions had warned of its likely closure even before Lufthansa grounded in the region of 95% of all regular flights in response to the coronavirus.
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Lufthansa :
- 6 A380
- 7 A346
- 5 B744
Lufthansa Cityline:
- 3 A343
Eurowings:
-10 A320
Germanwings:
ceased OPS
Swiss, Brussels, Austrian, Sunexpress:
TBN
- 6 A380
- 7 A346
- 5 B744
Lufthansa Cityline:
- 3 A343
Eurowings:
-10 A320
Germanwings:
ceased OPS
Swiss, Brussels, Austrian, Sunexpress:
TBN
Last edited by gnarlberg; 7th Apr 2020 at 18:14.
It sounds like Eurowings will not serve long range flights anymore.
When they say retired x planes what does that entails? I'm sure those are not owned outright. Can you go out your leasing agreements like that? Force majeure?
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For the moment, even the 1400 people from Germanwings are not laid off. The company is trying to get the captains with a Lufthansa contract back to mainline, and the (mostly) FOs a job in Eurowings. That may result in a 60-70% forced parttime contract for the entire company.
naturally, the longer covid19 stops airlines from flying, the bigger the chances that the Germanwings crew will be laid off
naturally, the longer covid19 stops airlines from flying, the bigger the chances that the Germanwings crew will be laid off
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For the moment, even the 1400 people from Germanwings are not laid off. The company is trying to get the captains with a Lufthansa contract back to mainline, and the (mostly) FOs a job in Eurowings. That may result in a 60-70% forced parttime contract for the entire company.
naturally, the longer covid19 stops airlines from flying, the bigger the chances that the Germanwings crew will be laid off
naturally, the longer covid19 stops airlines from flying, the bigger the chances that the Germanwings crew will be laid off
With the announced fleet reductions in the LH groups it seems hard to avoid redundancies, or group wide part time. Especially if the crisis continues for more than half a year.
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Happy to be retired from LH and I am terribly sad for all my colleagues at LH and all other airlines worldwide.
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They've been wanting to get rid of GW for a long time. (Well, probably more correctly, to get all those expensive Captains back to LH rather than at the nice regional bases...)
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Well, not bad for the moment. Are they on Kurzarbeit though? Which is not technically laid off, but basically without current work.
With the announced fleet reductions in the LH groups it seems hard to avoid redundancies, or group wide part time. Especially if the crisis continues for more than half a year.
With the announced fleet reductions in the LH groups it seems hard to avoid redundancies, or group wide part time. Especially if the crisis continues for more than half a year.
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Who will take advantage?
The real question in all of this I see who will take advantage when things get back to normal? I can only assume Lufthansa have done this to preserve short-term liquidity, but those with more liquidity are likely to seize on the opportunity this leaves in a sustainable market.