Lufthansa Needs to Take 'Painful Steps' for Restructuring

The transcript discusses Lufthansa's strategies amid easing travel restrictions, focusing on digital testing and vaccination certifications to boost travel. It highlights the company's restructuring efforts, competitive positioning, and government support repayment plans. The potential partnership with Alitalia and the strategic importance of the Italian market are explored. Additionally, the vision for Eurowings Discover and fleet reduction plans are outlined, emphasizing flexibility and market adaptation.

What is Lufthansa's proposed solution to replace travel restrictions?

• Digital testing and vaccination certifications

• Increased quarantine measures

• Expanding domestic travel

• Reducing flight frequencies

How has Lufthansa responded to the need for restructuring?

• By hiring more temporary workers

• By reducing staff by 20%

• By increasing staff numbers

• By maintaining the same staff levels

What is a significant factor affecting airline consolidation in Europe?

• Lack of interest from investors

• Government-imposed limits on stakes

• Increased competition from new airlines

• High fuel prices

Which market is considered most important for Lufthansa outside the US?

• Australia

• Brazil

• Italy

• China

What is Lufthansa's approach to fleet management in the coming years?

• Maintaining a fixed fleet size

• Expanding the fleet significantly

• Ensuring flexibility in fleet size

• Focusing only on short-haul aircraft