Lufthansa is losing about €1 million every hour due to coronavirus
German airline Lufthansa is losing about €1 million per hour due to pandemic coronavirus COVID-19. This was announced by CEO Carsten Dispute in a video message to employees, reports ARD.de.
Now Lufthansa, which includes subsidiaries Eurowings, SWISS, Brussels Airlines and Austrian Airlines, transports less than 3 thousand passengers per day, while the average before the plague reached 350 thousand
“We are losing around €1 million per hour, every day, week after week. And simply will not be able to survive this crisis without state support,” – said the CEO of Lufthansa.
He added that the discussion started to rescue a group of carriers with the government, where based carrier. It is planned that the talks will be held in Berne, Berlin, Brussels and Vienna.
The dispute noted that Lufthansa entered the crisis with reserves of about €4 billion. Faced with a deteriorating situation, the company took drastic measures to reduce costs. In particular, shut down budget carrier Germanwings and got rid of the 40 aircraft from the fleet.
Without work there were more than 7 thousand employees, 1.4 thousand of which after the closing of Germanwings. Negotiations with employers in subsidiaries, to offer people alternative jobs.
Because of the coronavirus , Lufthansa canceled 23 thousand flights in Europe, Asia and the middle East from 29 March to 24 April.
Flash coronavirus infection COVID-19 began in China in December 2019. March 11, the world health organization declared the spread of the coronavirus pandemic.
According to data from the American Johns Hopkins University on April 9, the total number of infected people in the world exceeded 1.5 million, including more than 339 thousand was cured, and 89 915 died.