Lufthansa to cut more costs, as cabin crew strike over pay
Share:
BERLIN (Reuters) - German airline Lufthansa announced plans on Thursday to cut costs at its Austrian Airlines, Brussels Airlines and Lufthansa Cargo businesses to revive profits but faces a fresh challenge to its efforts with a cabin crew strike this week.Lufthansa has reacted to competition from Ryanair and easyJet by cutting costs and announcing a turnaround plan in June for Eurowings, which it said on Thursday was paying off as it reported better-than-expected quarterly figures.Its shares,..