Lufthansa aims to revive 'problem child' airline by 2026: CEO Carsten Spohr

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Lufthansa aims to revive 'problem child' airline by 2026: CEO Carsten Spohr - Business Standard

Quick Summary:

Lufthansa has said that it hopes to expand into newer regions, including Latin America and Africa, where it might have more of an advantage.

Lufthansa has struggled with competition on its transatlantic and Asian routes, recently cancelling its Frankfurt to Beijing flights as Chinese carriers increased capacity.

New hubs with lower cost bases, such as in Italy, are also appealing ways to strengthen revenue and boost margins.(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.