Lufthansa Prepares To Cancel More Flights As Chaos Spreads
(Bloomberg) -- Deutsche Lufthansa AG is preparing another wave of flight cancellations due to staff shortages, adding to Europe's travel chaos as the crucial summer vacation season kicks off.
Europe's biggest airline is preparing to eliminate about one fifth of departures from its Frankfurt and Munich hubs on select days next week, according to a spokesman. The move will affect flights that depart in the so-called fourth peak, the last round of departures from the airports.
The aim of the cancellations is to provide a stable flight plan, and the exact number of flights has not yet been determined, according to the spokesman.
Lufthansa canceled a total of 3,100 flights last month after a spate of coronavirus infections exacerbated staffing shortages. Labor unions have said reduced pay and unappealing working conditions are deterring new hires, as Chairman Karl-Ludwig Kley, 71, acknowledged that the issues are the worst he's seen in his entire career.
Reuters first reported that Lufthansa was planning another round of cancellations.
To help thin out its flight plan and get service in order again, airline last week said it will only offer seats in its most expensive booking class for the month of July. That move raised the price of even the cheapest return flights between London and Frankfurt to 1,000 euros ($1,017.4).
More stories like this are available on bloomberg.com
©2022 Bloomberg L.P.
-
A New Samvat Wishlist: Inclusive Prosperity And Human Development
India has strengthened its economic foundations through infrastructure, digital access and enterprise. Its next growth chapter must deepen productivity, create better livelihoods and widen participation in prosperity.
-
Love, Sex Aur Dhokha: The Audacious Plot To Spy On Jensen Huang
A Taipei dinner, a Singapore chip buyer and a suspected Chinese asset: inside the alleged spy operation that got close to NVIDIA's Jensen Huang.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
