German flag carrier Lufthansa has announced that it has cut 20,000 short-haul flights from its summer program across the wider Lufthansa Group in response to the rising fuel prices that have become a major byproduct of the US-Israeli attacks on Iran. The Cologne-based Star Alliance founding member says that it stands to save tens of thousands of metric tons of fuel as a result, which, in turn, will save it meaningful sums of cash.
Lufthansa has targeted unprofitable routes with these cuts, with the first wave having already been implemented and set to last until the end of May. However, with these short-haul cancellations spread across the entirety of aviation’s Northern Hemisphere summer season, they will last until October when all is said and done. The news comes hot on the heels of the announcement that the group’s regional ‘CityLine’ arm would be closed.
In a statement released on Tuesday by Lufthansa, the German flag carrier confirmed its intentions to slash 20,000 short-haul flights from its summer schedule between now and October. This, the Lufthansa Group says, will result in more than 40,000 metric tons of fuel being saved. While its “fuel supply [is] secured for the coming weeks,” Lufthansa notes that the price of this resource “has doubled since the outbreak of the Iran conflict.” read more … source: https://simpleflying.com/lufthansa-group-cuts-20000-flights-fuel-price-rises/
