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
-
Kwamigah-Atokple backs cancer research centre proposal for UHAS
11 seconds -
David Vondee calls for overhaul of English teaching methods after WASSCE decline
8 minutes -
Photos: Mahama Ayariga joins Accra traders to sweep streets during National Sanitation Day
10 minutes -
WAEC questions effectiveness of searches after phones found on candidates
12 minutes -
British Council launches ‘Study UK Alumni Awards’ to celebrate international UK alumni achievements
20 minutes -
Don’t admit students outside CSSPS — Education Minister warns SHS heads
31 minutes -
2026 WASSCE: WAEC withholds results of 270 candidates over suspected exam offences
36 minutes -
Digital strategy platform ‘Strategy Partner Pro’ launched
47 minutes -
Jaguar Land Rover to cut 4,000 jobs
50 minutes -
Ghana moves to become Africa’s vaccine and pharmaceutical manufacturing hub
57 minutes -
WAEC cancels entire results of 861 candidates over possession of mobile phones
59 minutes -
Sunbeth Global Concepts redeems ₦25.1bn CP, demonstrating strong liquidity, investor confidence
1 hour -
WAEC urges revival of reading culture, better teacher training to improve English
1 hour -
WAEC blames weak grammar, poor reading culture for decline in 2026 WASSCE English results
1 hour -
I am American, I am Ghanaian: Where do I stand in the reparations conversation?
1 hour