🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Worst flight chaos over, Lufthansa board member tells Funke media

Published 08/06/2022, 07:22 PM
Updated 08/06/2022, 07:25 PM
© Reuters. FILE PHOTO: Logo of Lufthansa is seen as passengers wait at Munich Airport during a warning strike staged by Lufthansa ground staff over 9.5 % pay claim by Germany's public sector workers union Verdi in Munich, Germany July 27, 2022. REUTERS/Michaela Rehl

BERLIN (Reuters) - The worst is over for German airline Lufthansa after staff shortages caused flight chaos over the summer, but levels of sick leave remain challenging, board member Christina Foerster told newspapers in the Funke Media group.

Airlines across Europe have struggled to cope with a strong rebound in holiday season demand after the COVID-19 pandemic stopped much travel. Many airports faced huge queues due to staff shortages, prompting last-minute cancellations.

"The low point has passed. Flight operations are largely stabilized," Foerster was quoted as telling Funke in an interview published on Sunday.

"Nevertheless, this summer we are dealing with a level of sick leave that is not easy to offset," said Foerster, adding the situation remained challenging.

© Reuters. FILE PHOTO: Logo of Lufthansa is seen as passengers wait at Munich Airport during a warning strike staged by Lufthansa ground staff over 9.5 % pay claim by Germany's public sector workers union Verdi in Munich, Germany July 27, 2022. REUTERS/Michaela Rehle/File Photo

Most flight cancellations are affecting domestic routes where there are alternatives, she said. She added, however, that the situation would only improve significantly with the winter flight schedule at the end of October.

Lufthansa said on Thursday it expected demand for short-haul flights in Europe to drive growth at its passenger airlines this year and forecast a return to group operating profit for the full year.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.