Lufthansa and AF-KLM blame weak Q1 cargo business for poor results
Both Lufthansa Group and AF-KLM Group specifically blamed cargo for glum overall Q1 performances, with ...
In one of his first public outings as new CEO of Lufthansa, slick former cargo boss Carsten Spohr has followed in the footsteps of his colleagues by complaining about state-owned airlines. In what is normally a thinly veiled attack on Middle East carriers, he said that lack of a level playing field was a “game-changer”. He complained: “The biggest challenge for a chief executive of a European airline, just as for my counterparts in the United States, is running privatised companies in an industry where government-owned airlines are gaining more and more market share.”
Of course, airlines from elsewhere in the world might interpret the fact that Mr Spohr was having a meeting with President Barack Obama at the time, might also amount to a somewhat uneven playing field.
'I'm scared', says Boeing whistleblower, after two others suffer mysterious deaths
DSV could face $16m bill after helicopter is written off in haulage accident
FAK rate hikes holding, with strong demand into peak season predicted
Déjà vu as major ocean carriers scramble for tonnage and containers
Indian trade disrupted as port congestion forces liner services to skip calls
Ecommerce boom may be opening the doors for smugglers
Don't get too confident for Q2, market risks haven't disappeared, warns Yang Ming chief
Comment on this article