Lufthansa restores routes, targets 1,800 weekly flights
Lufthansa plans to resume flights to destinations including Los Angeles, Toronto and Mumbai next month as it begins to restore some of the capacity grounded by the coronavirus crisis, the German airline group said on Thursday.
Group airlines that had brought operations to a near halt will operate about 1,800 weekly flights to 130 destinations by the end of June, Lufthansa said in a statement. Its shares rose 2.4%, the biggest gain on Germany's benchmark DAX.
The announcement comes as carriers make tentative plans to return aircraft to service amid uncertainty over passenger demand, new health rules being drawn up and quarantine measures in some markets. Airline capacity inched 0.8% higher in Western Europe this week, according to OAG data.