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15/05/2020

Lufthansa To Restart Flights In Some Routes With A Target Of 1,800 Weekly Flights




Lufthansa To Restart Flights In Some Routes With A Target Of 1,800 Weekly Flights
The German airline group Lufthansa is drawing up plans to commence flights to a number of destinations including those to Los Angeles, Toronto and Mumbai and plans to restart the routes starting next month. This is the first move of the major airline of the world to restore some of the capacity that had been grounded by the travel restrictions because of the novel coronavirus pandemic spread across the world, said the German airline group.
 
Lufthansa said in a statement that the group airlines that had been forced to bring its operations to a near halt will being to operate about 1,800 weekly flights to 130 destinations by the end of June. The announcement by the company pushed its shares by 2.4 per cent which was the biggest gain on Germany’s benchmark DAX.
 
Even though there is high uncertainty of increase in demand for air passenger travel as well as the new social distancing, health and quarantine rules that are being drawn up by countries post the Covid-19 pandemic, global carriers and airlines are making tentative plans for reopening routes and returning their grounded aircrafts back to service. According to OAG data, there was a small but significant increase of 0.8 per cent in airline capacity in Western Europe this week.
 
“People want to and can travel again, whether on holiday or for business reasons,” Lufthansa sales Chief Harry Hohmeister said in the group statement. The sale of tickets for customers for the newly available routes started on Thursday.
 
The German flag carrier Lufthansa plans to restart its services from Frankfurt as well as a smaller number of flights from Munich as the company plans to return to European destinations including Majorca as well as 13 intercontinental routes.
 
Some flights are also being restored by the SWISS, Eurowings and Brussels Airlines subsidiaries. Last week, Lufthansa had said that it planned to fly more planes in June.
 
A 9 billion euro or $9.7 billion bailout package is being sought by the airline group and is currently negotiating the deal with Germany’s economic stabilisation fund. The group said that it needed this fund to ride through the pandemic and the company expects that the suppressions of demand for air travel because of the pandemic will be a a protracted one.
 
(Source:www.usnews.com)

Christopher J. Mitchell

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