Lufthansa Cuts 20,000 Flights As Jet Fuel Surge Pressures Margins [Yahoo! Finance]
DEUTSCHE LUFTHANSA S/ADR (DLAKY)
NASDAQ:AMEX Investor Relations:
investor-relations.lufthansagroup.com/en.html
Company Research
Source: Yahoo! Finance
following the Iran war, announcing plans to remove 20,000 uneconomic short-haul flights from its European summer schedule. The cuts represent roughly 1% of available seat-kilometers and are expected to save about 40,000 tons of fuel, reflecting how sharply cost pressures are feeding into network decisions. The first 120 cancellations were already implemented on Tuesday and will remain in place through the end of May, with broader reductions expected to be outlined by late April or early May. Warning! GuruFocus has detected 2 Warning Sign with DLAKY. Is DLAKY fairly valued? Test your thesis with our free DCF calculator. This adjustment follows a series of cost-focused measures introduced by the group, including the planned shutdown of its Cityline regional unit and the grounding of 27 older, fuel-intensive aircraft. At the same time, Lufthansa is managing operational disruption linked to pilot and cabin crew walkouts, which could add pressure to execution. Management has also out
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News
- Lufthansa Cuts 20,000 Flights As Jet Fuel Surge Pressures Margins [Yahoo! Finance Canada]Yahoo! Finance Canada
- Major European airline axes 20,000 flights after jet fuel price soars [Yahoo! Finance]Yahoo! Finance
- Lufthansa cuts 20,000 flights to save fuel as prices soar [Yahoo! Finance Canada]Yahoo! Finance Canada
- Lufthansa cancels 20,000 short-haul flights, consolidates routes [Yahoo! Finance]Yahoo! Finance
- ‘We are disruptors of the industry': Can sustainable aviation fuel protect airlines from fuel shock? [Yahoo! Finance]Yahoo! Finance