Lufthansa Group projects 2021 capacity at 40%-50% of pre crisis levels, 90% recovery by mid decade

Lufthansa Group reported (04-Mar-2021) it expects to offer between 40% and 50% of pre coronavirus capacity in 2021 and is prepared to offer up to 70% of pre crisis capacity in the short term. The group expects capacity levels to return to 90% of pre crisis levels "by the middle of the decade". The group's fleet will be reduced to 650 aircraft in 2023. In addition, the group is examining the disposal of subsidiaries that offer only minor synergies with the core business. [more - original PR]