Stock Market News

Worst flight chaos over, Lufthansa board member tells Funke media

2022.08.07 02:26

Worst flight chaos over, Lufthansa board member tells Funke media
FILE PHOTO: Logo of Lufthansa is seen as passengers wait at Munich Airport during a warning strike staged by Lufthansa ground staff over 9.5 % pay claim by Germany’s public sector workers union Verdi in Munich, Germany July 27, 2022. REUTERS/Michaela Rehl

BERLIN (Reuters) – The worst is over for German airline Lufthansa after staff shortages caused flight chaos over the summer, but levels of sick leave remain challenging, board member Christina Foerster told newspapers in the Funke Media group.

Airlines across Europe have struggled to cope with a strong rebound in holiday season demand after the COVID-19 pandemic stopped much travel. Many airports faced huge queues due to staff shortages, prompting last-minute cancellations.

“The low point has passed. Flight operations are largely stabilized,” Foerster was quoted as telling Funke in an interview published on Sunday.

“Nevertheless, this summer we are dealing with a level of sick leave that is not easy to offset,” said Foerster, adding the situation remained challenging.

Most flight cancellations are affecting domestic routes where there are alternatives, she said. She added, however, that the situation would only improve significantly with the winter flight schedule at the end of October.

Lufthansa said on Thursday it expected demand for short-haul flights in Europe to drive growth at its passenger airlines this year and forecast a return to group operating profit for the full year.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 74,933.08 0.25%
ethereum
Ethereum (ETH) $ 2,805.01 6.02%
tether
Tether (USDT) $ 1.00 0.32%
solana
Solana (SOL) $ 186.69 0.84%
bnb
BNB (BNB) $ 593.51 1.46%
usd-coin
USDC (USDC) $ 1.00 0.18%
xrp
XRP (XRP) $ 0.548669 2.17%
dogecoin
Dogecoin (DOGE) $ 0.191594 5.97%
staked-ether
Lido Staked Ether (STETH) $ 2,805.79 6.21%
tron
TRON (TRX) $ 0.160549 1.93%
cardano
Cardano (ADA) $ 0.371243 3.11%
the-open-network
Toncoin (TON) $ 4.88 1.91%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,319.57 6.56%
shiba-inu
Shiba Inu (SHIB) $ 0.000019 2.15%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 74,853.06 0.47%
avalanche-2
Avalanche (AVAX) $ 26.76 0.96%
weth
WETH (WETH) $ 2,804.67 6.16%
chainlink
Chainlink (LINK) $ 12.27 3.03%
bitcoin-cash
Bitcoin Cash (BCH) $ 377.30 0.65%
sui
Sui (SUI) $ 2.27 1.88%
polkadot
Polkadot (DOT) $ 4.08 0.79%
leo-token
LEO Token (LEO) $ 6.23 0.61%
usds
USDS (USDS) $ 0.994087 1.02%
uniswap
Uniswap (UNI) $ 8.94 2.33%
litecoin
Litecoin (LTC) $ 71.03 0.89%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,954.03 6.21%
aptos
Aptos (APT) $ 9.79 4.24%
near
NEAR Protocol (NEAR) $ 4.14 0.82%
pepe
Pepe (PEPE) $ 0.00001 8.71%
bittensor
Bittensor (TAO) $ 517.83 3.03%
internet-computer
Internet Computer (ICP) $ 7.72 0.61%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.39 0.65%
dai
Dai (DAI) $ 1.00 0.17%
monero
Monero (XMR) $ 163.37 0.50%
ethereum-classic
Ethereum Classic (ETC) $ 19.93 3.27%
kaspa
Kaspa (KAS) $ 0.118295 1.31%
stellar
Stellar (XLM) $ 0.09837 1.22%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.24%
whitebit
WhiteBIT Coin (WBT) $ 19.32 0.04%
aave
Aave (AAVE) $ 185.06 14.51%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.341308 3.64%
blockstack
Stacks (STX) $ 1.66 1.26%
okb
OKB (OKB) $ 39.83 2.08%
first-digital-usd
First Digital USD (FDUSD) $ 0.999908 0.49%
crypto-com-chain
Cronos (CRO) $ 0.08559 0.55%
dogwifcoin
dogwifhat (WIF) $ 2.32 3.54%
arbitrum
Arbitrum (ARB) $ 0.573435 7.47%
filecoin
Filecoin (FIL) $ 3.71 2.16%
mantle
Mantle (MNT) $ 0.632848 7.40%
celestia
Celestia (TIA) $ 5.08 6.01%