Audio By Carbonatix
Lufthansa is grounding planes and canceling flights as the coronavirus outbreak spreads in Europe.
The German airline said Thursday it has canceled 7,100 European flights for March, mostly within Germany or on routes to Italy, accounting for about 25% of its total capacity.
Investors have punished airlines stocks in recent weeks. United Airlines stock is down 32% so far this year, for example, and shares in Germany's Lufthansa are down 29% over the same period.
Earlier this week, Lufthansa said it would ground 150 of its 770 aircraft.
"Guests who have submitted their contact details to Lufthansa will be proactively informed of the cancellations," the company said in a statement.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
US has assured Ghana it’ll not block extradition of Ofori‑Atta and Tamakloe – Ablakwa
19 minutes -
U.S. extends AGOA by three years; Ablakwa welcomes move
27 minutes -
Ghana’s economy grows 3.8% in October 2025 as services sector dominate – GSS
27 minutes -
Kumasi mayor reveals plan for modern urban park to make Kumasi greener
38 minutes -
Prof. Agbango donates GHC 50,000 to Bawku SHS, urges old students to give back
52 minutes -
Director General of NaCCA must be fired for sleeping on the job – Ntim Fordjour
1 hour -
Foh-Amoaning urges inquiry into curriculum after NaCCA withdraws teacher manual over gender content
1 hour -
Learning to Stay Healthy in the New Year – Focus on the Basics
1 hour -
Ghana aims to attain WHO Level Five preparedness under new health security plan
1 hour -
African nations slam U.S. military strikes in Venezuela as threat to global sovereignty
2 hours -
President Mahama’s First Year: Cautious reform or dangerous complacency?
2 hours -
Prof Bokpin calls on gov’t to apologise over NaCCA SHS teacher manual response
2 hours -
UN Security Council weighs dangerous precedent set by US military operation in Venezuela
2 hours -
Semenyo’s personality fits right with Man City team – Bernardo Silva
2 hours -
One killed in road crash at Anyaa Market
2 hours