Airline industry may not survive without state aid: Lufthansa

  • 📰 Reuters
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Lufthansa said that the airline industry may not survive without state aid if th...

FILE PHOTO: Empty Lufthansa ticket counters are pictured at Munich's international airport, as the spread of the coronavirus disease continues, in Germany, March 17, 2020. REUTERS/Michael Dalder

The German airline group, which has implemented drastic capacity reductions, introduced short-time working and suspended its dividend, said it was impossible to forecast the impact of coronavirus on its profitability. Lufthansa, which also owns Swiss International, Austrian Airlines and Brussels Airlines, has carried out and planned 140 relief flights to repatriate stranded citizens in what has been described as the biggest operation of its kind.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nationalise

And why is it forbidden by EU Treaties?

And why are they forbidden by EU Treaties?

Thoughts and prayers

Won't*

I can smell the clean air for miles.

South Africa way ahead of this curve!

People won't survive without state aid. I do not see airplanes dying from the coronavirus . So maybe get your priorities straight. Remember, when this is over and business starts up again, you will need customers. Best they live through this and you take a hike til it is over.

Ya.. I'm sure the airline execs are busy trying to figure out how they can charge people a FEE for not flying.

A lot of people who struggle to make ends meet will find it hard to survive too. But they tend not to shout and scream about it like billionaires who might lose their business but not their personal wealth.

Time to pull themselves up by their bootstraps greedyfucks

lufthansa VirginAirline Let them burn! Time for the rich to pay for their greed!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Airline industry turmoil deepens as coronavirus pain spreadsAirline industry turmoil deepened on Thursday as Qantas Airways Ltd told most of... Maybe they should have saved that $9 water and $49 luggage check money. Shut down the airports. The entire country needs to stand down for at least a month to contain this thing.
Source: Reuters - 🏆 2. / 97 Read more »