Covid impact: The collapse in demand for air travel due to the Covid-19 pandemic meant that Lufthansa carried 96% fewer passengers between April and June than a year earlier, leading to an 80% drop in second quarter revenue to €1.9bil. — AFP
BERLIN: Germany’s Lufthansa said it does not expect air travel demand to return to pre-crisis levels before 2024 as a steep drop in revenue pushed it to its worst-ever quarterly operating loss of €1.7bil.
The airline said on Thursday the collapse in demand for air travel due to the Covid-19 pandemic meant it carried 96% fewer passengers between April and June than a year earlier, leading to an 80% drop in second-quarter revenue to €1.9bil.
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