(Bloomberg) -- Deutsche Lufthansa AG announced plans to significantly reduce flights across all its brands, citing the impact on travel from the coronavirus.
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The German airline in the coming weeks will cut up to 25% of its short-haul flights and will increase the number of grounded aircraft for long-haul services to 23 from the current 13, the company said in a statement late on Friday.
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Lufthansa said it currently could not estimate the impact of the slowdown on earnings.
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