Lufthansa Cuts Costs Faster than Expected, Says CEO
Carsten Spohr expects no need for further state aid for the German group.
Lufthansa Group CEO Carsten Spohr oversaw a cost-cutting exercise that saw the exit of all four-engine jets and a fifth of the airline's workforce. (Photo: Lufthansa Group)
Lufthansa Group CEO Carsten Spohr oversaw a cost-cutting exercise that saw the exit of all four-engine jets and a fifth of the airline's workforce. (Photo: Lufthansa Group)