Lufthansa Reduces Fleet and Flights Due to Rising Fuel Costs

Lufthansa Reduces Fleet and Flights Due to Rising Fuel Costs

Source: The Points Guy

Summary

Lufthansa is reducing its fleet due to rising fuel prices, retiring 27 Mitsubishi CRJ900 regional jets and four Airbus A340-600s, with plans to retire six remaining Boeing 747-400s by 2027. The airline is also cutting 20,000 short-haul flights through October and reducing connections over its six group hubs. Other carriers have cut flights, but none have announced plans to retire planes or make permanent moves. The average price of jet fuel has increased by 82% since February 27.


Our Reading

The escape is carefully planned.

Lufthansa’s fleet reduction includes the retirement of its CRJ900s, A340-600s, and 747-400s. The airline is also cutting flights and reducing connections over its hubs. The moves are a response to rising fuel prices, which have increased by 82% since February 27. The airline’s new Allegris premium cabins will feature on a greater percentage of its intercontinental fleet.

And, of course, “carefully planned” means “temporarily” suspending service to three airports, because who needs flights to Bydgoszcz, Rzeszow, and Stavanger, anyway?


Author: Evan Null