Lufthansa to Mothball 747s, A380s, and Ground Germanwings
Lufthansa said it plans to ground its low-cost subsidiary Germanwings and permanently reduce the size of its fleet, while warning that it will take years until the aviation industry sees a return to the type of traffic that it experienced in the past few years before the outbreak of the novel coronavirus pandemic.
“It will take months until the global travel restrictions are completely lifted and years until the worldwide demand for air travel returns to pre-crisis levels,” the German flag carrier said in a statement.
As a result, Lufthansa is taking “extreme measures” to reduce capacity at its Frankfurt and Munich hubs by decommissioning five Boeing 747-400 jumbo jets, six Airbus A380 super jumbos, seven Airbus A340-600s, 11 Airbus A320s, and three Airbus A340-300s used by its CityLine regional carrier.
National carriers Austrian Airlines and Swiss, which are owned by Lufthansa, will also take measures to reduce fleet size, although the specifics have not yet been made publicly available.
(Photo: Accura Media Group)