{"id":382709,"date":"2020-11-06T11:37:27","date_gmt":"2020-11-06T06:07:27","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=382709"},"modified":"2020-11-06T11:37:27","modified_gmt":"2020-11-06T06:07:27","slug":"lufthansa-reports-2-billion-euro-loss-in-third-quarter","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lufthansa-reports-2-billion-euro-loss-in-third-quarter\/","title":{"rendered":"Lufthansa reports 2 billion euro loss in third quarter"},"content":{"rendered":"<p>FRANKFURT: Germany&#8217;s Lufthansa on Thursday posted a two billion euro loss in its third quarter as it prepares for a &#8220;hard and challenging winter&#8221; over lockdowns to curb the spread of the coronavirus.<\/p>\n<p>Europe&#8217;s largest airline said it will fly a maximum of 25 percent of normal capacity from October to December this year, as it expects to burn 350 million euros ($411 million) a month.<\/p>\n<p>&#8220;We are now at the beginning of a winter that will be hard and challenging for our industry,&#8221; chief executive Carsten Spohr said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FRANKFURT: Germany&#8217;s Lufthansa on Thursday posted a two billion euro loss in its third quarter as it prepares for a &#8220;hard and challenging winter&#8221; over lockdowns to curb the spread of the coronavirus. Europe&#8217;s largest airline said it will fly a maximum of 25 percent of normal capacity from October to December this year, as it expects to burn 350 million euros ($411 million) a month. &#8220;We are now at the beginning of a winter that will be hard and challenging for our industry,&#8221; chief executive Carsten Spohr said.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-382709","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/382709","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=382709"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/382709\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=382709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=382709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=382709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}