Lufthansa Is Cutting Down On Its Investments and Assets For Long-Term
The German flag carrier, Lufthansa is cutting down on its investments and assets for long-term now. The airline recently said that it is going to ground 40 aircraft from its fleet because they feel that the demand for air travel is going to be very low for the next few years. Thus having a large fleet of aircraft will only add to the fixed costs of the airline without adding... Read More