Lufthansa to cut winter capacity

Lufthansa may decide to cut capacity further during the next winter season if a falling forward booking trend continues. The German airline has already cut capacity growth by 1% to 4% for 2014 thanks to the three day pilot strike in April. Despite thebooking weakness, Simon  Menne, the chief financial officer, does not want to adjust financial targets. “We have not yet managed to close the gap in the forward bookings that have appeared in the strike,” he said. Adding that “March was disappointing for all airlines in the group”.