{"id":340420,"date":"2020-03-05T10:22:59","date_gmt":"2020-03-05T04:52:59","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=340420"},"modified":"2020-03-05T10:59:00","modified_gmt":"2020-03-05T05:29:00","slug":"lufthansa-grounds-150-aircraft-globally-to-cut-costs-over-coronavirus-scare","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lufthansa-grounds-150-aircraft-globally-to-cut-costs-over-coronavirus-scare\/","title":{"rendered":"Lufthansa grounds 150 aircraft globally to cut costs over Coronavirus scare"},"content":{"rendered":"<p>German airline giant Lufthansa said Wednesday it would ground 150 of its more than 750 planes worldwide, days after announcing a slimmed-down timetable over the effects of the novel coronavirus. <\/p>\n<p>&#8220;25 long-haul aircraft and 125 short- and medium-haul aircraft&#8221; will no longer fly, a spokesman for the group also including carriers Eurowings, Austrian and Swiss told AFP. <\/p>\n<p>Shares in Lufthansa have plunged in recent days as the likely impact of the COVID-19 disease on the aviation sector in particular has become clearer. <\/p>\n<p>The stock was up slightly in afternoon trading in Frankfurt, adding 0.6 per cent to trade at 11.98 euros (USD 13.29) just after 3:30 pm (1430 GMT) but slightly underperforming the DAX blue-chip index.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>German airline giant Lufthansa said Wednesday it would ground 150 of its more than 750 planes worldwide, days after announcing a slimmed-down timetable over the effects of the novel coronavirus. &#8220;25 long-haul aircraft and 125 short- and medium-haul aircraft&#8221; will no longer fly, a spokesman for the group also including carriers Eurowings, Austrian and Swiss told AFP. Shares in Lufthansa have plunged in recent days as the likely impact of the COVID-19 disease on the aviation sector in particular has become clearer. The stock was up slightly in afternoon trading in Frankfurt, adding 0.6 per cent to trade at 11.98 [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-340420","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/340420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=340420"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/340420\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=340420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=340420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=340420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}