World Business Watch: German airline Lufthansa to win back business travellers

Lufthansa said it had reached an agreement with pilots on Wednesday over a package of short-term measures to cut costs as the German airline battles to reduce losses due to the coronavirus pandemic.

Cost-saving deal: Lufthansa's agreement with Pilots to cut costs

German airline Lufthansa has announced "a far-reaching" restructuring plan as it reported a net profit loss of 2.1 billion euros ($2.3bn) for the first quarter due to the coronavirus pandemic.

German airline Lufthansa reports massive loss of over €2 billion

German airline giant Lufthansa said Wednesday it would ground 150 of its more than 750 planes worldwide, days after announcing a slimmed-down timetable over the effects of the novel coronavirus. Watch report:

WION Wallet: Lufthansa to ground 150 planes worldwide

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World Business Watch: German airline Lufthansa to win back business travellers

Cost-saving deal: Lufthansa's agreement with Pilots to cut costs

German airline Lufthansa reports massive loss of over €2 billion

WION Wallet: Lufthansa to ground 150 planes worldwide