{"id":340872,"date":"2020-03-07T12:11:18","date_gmt":"2020-03-07T06:41:18","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=340872"},"modified":"2020-03-07T12:11:18","modified_gmt":"2020-03-07T06:41:18","slug":"lufthansa-says-to-slash-50-of-flight-capacity-over-coronavirus","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lufthansa-says-to-slash-50-of-flight-capacity-over-coronavirus\/","title":{"rendered":"Lufthansa says to slash 50% of flight capacity over coronavirus"},"content":{"rendered":"<p>German airline giant Lufthansa said Friday it would slash capacity by half in the coming weeks, as the group battles &#8220;drastic declines in bookings and numerous flight cancellations&#8221; prompted by the novel coronavirus.<\/p>\n<p>&#8220;Based on further demand development, capacity will be reduced by up to 50 percent in the coming weeks,&#8221; Lufthansa said in a statement, after announcing Monday it would cut its flight plan by 25 percent.<\/p>\n<p>The carrier&#8217;s shares were down slightly in afternoon trading in Frankfurt, shedding 0.8% to trade at 11.41 euros ($12.90), but still outperforming the overall blue-chip DAX index, which was down 3.1 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>German airline giant Lufthansa said Friday it would slash capacity by half in the coming weeks, as the group battles &#8220;drastic declines in bookings and numerous flight cancellations&#8221; prompted by the novel coronavirus. &#8220;Based on further demand development, capacity will be reduced by up to 50 percent in the coming weeks,&#8221; Lufthansa said in a statement, after announcing Monday it would cut its flight plan by 25 percent. The carrier&#8217;s shares were down slightly in afternoon trading in Frankfurt, shedding 0.8% to trade at 11.41 euros ($12.90), but still outperforming the overall blue-chip DAX index, which was down 3.1 percent.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-340872","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/340872","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=340872"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/340872\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=340872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=340872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=340872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}