{"id":382711,"date":"2020-11-06T11:37:52","date_gmt":"2020-11-06T06:07:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=382711"},"modified":"2020-11-06T11:37:52","modified_gmt":"2020-11-06T06:07:52","slug":"lufthansa-warns-of-further-restructuring-costs-in-q4","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lufthansa-warns-of-further-restructuring-costs-in-q4\/","title":{"rendered":"Lufthansa warns of further restructuring costs in Q4"},"content":{"rendered":"<p>BERLIN: Lufthansa on Thursday said it booked a net loss of 2 billion euros ($2.35 billion) in the third quarter due to the pandemic-related slump in travelling and announced further restructuring measures would weigh on fourth-quarter figures.<\/p>\n<p>The amount of the expected restructuring costs will depend on the negotiations with trade unions, the group said.<\/p>\n<p>The German airline, which secured a 9 billion euro state bailout in June, said it had liquidity of 10.1 billion euros available.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BERLIN: Lufthansa on Thursday said it booked a net loss of 2 billion euros ($2.35 billion) in the third quarter due to the pandemic-related slump in travelling and announced further restructuring measures would weigh on fourth-quarter figures. The amount of the expected restructuring costs will depend on the negotiations with trade unions, the group said. The German airline, which secured a 9 billion euro state bailout in June, said it had liquidity of 10.1 billion euros available.<\/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-382711","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\/382711","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=382711"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/382711\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=382711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=382711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=382711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}