Lufthansa
BERLIN: Deutsche Lufthansa AG says it needs to double operations from current levels if it’s to stem losses, delivering a stark assessment of the challenge facing carriers as European governments limit flights with a new wave of coronavirus lockdowns.
Capacity deployment must increase from 25% of year-ago levels right now to about 50% in order to meet a goal of returning to positive operating cash flow some time next year, Lufthansa said in an earnings release yesterday.
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