Lufthansa CEO Carsten Spohr says the group is facing the 'biggest challenge' in its 65-year history. coronavirus
Spohr said the Lufthansa group, which includes subsidiaries Eurowings, SWISS, Brussels, and Austrian Airlines, was now carrying fewer than 3,000 passengers daily compared with a pre-pandemic average of around 350,000 a day."will not be able to survive this increasingly longer lasting crisis without state support," Spohr said in the video to staff on Wednesday, April 8, and seen by Agence France-Presse on Thursday, April 9.
"We are losing about a million euros in liquidity reserves per hour. Day and night. Week by week," he added. Spohr said bailout discussions had already started with governments in countries where its airlines were based. "I'm optimistic that these talks in Bern, Berlin, Brussels, and Vienna will lead to good and positive outcomes."But faced with a worsening impact, the group has taken drastic cost-cutting steps to stay afloat.and getting rid of more than 40 planes out of its 763-strong fleet.Spohr said negotiations were ongoing with unions to find alternative jobs within the group"for as many of them as possible.
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