Lufthansa cuts foreshadow global capacity decline

Today, Germany-based Lufthansa AG announced plans to make drastic capacity and administration reductions, including the permanent withdrawal of eighteen widebody aircraft from the Lufthansa passenger fleet. The cuts foreshadow the long-term fallout from the COVID-19 pandemic that will lead to a global decline in cargo capacity. Passenger planes to be permanently decommissioned from the Lufthansa […]

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