In a letter to board members Karl Ulrich Garnadt and Bettina Volkens stated that further cost cutting measures were needed to remain competitive since its cost level is 30-40% higher than its direct competitors, namely easyJet or Turkish Airlines. Despite remedial measures to reduce costs, Lufthansa...
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FAA proposes $195,000 civil penalty against British Airways
By
Dino D'Amore
15th September 2014