Lufthansa's Turbulent Flight: Can New Aircraft and Strategic Investments Soften the Blow of Rising Costs?
Lufthansa, the flag carrier of Germany, is facing a turbulent period as its core airline becomes the group’s new “problem child.” Delivery delays from Boeing and rising operational costs are putting the airline at a significant disadvantage compared to regional rivals. As Carsten Spohr, the CEO of Lufthansa Group, explained during a recent meeting in Frankfurt, the company’s financial situation is fragile, with a notable 10% decrease in share value over the past six months.Lufthansa, part of a larger group that includes Austrian Airlines, SWISS, Eurowings, and Brussels Airlines, has been hard hit by a combination of cost pressures and...
