{"id":236919,"date":"2020-09-22T06:59:00","date_gmt":"2020-09-22T04:59:00","guid":{"rendered":"http:\/\/www.travelreport.se\/?p=236919"},"modified":"2024-02-02T12:37:02","modified_gmt":"2024-02-02T12:37:02","slug":"lufthansa-forced-to-take-new-writedown-of-11-billion-euros","status":"publish","type":"post","link":"https:\/\/www.travelreport.se\/en\/lufthansa-tvingas-till-ny-nedskrivning-pa-11-miljarder-euro\/","title":{"rendered":"Lufthansa forced to take new writedown of 1.1 billion euros"},"content":{"rendered":"<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.travelreport.se\/wp-content\/uploads\/2015\/03\/Lufthansa_Airbus_A319-114_D-AILD@MUC02.07.2010_4780772671-1024x706.jpg\" alt=\"\" class=\"wp-image-224024\"\/><figcaption>Photo: wikipedia.org<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Corona-pressured airline Lufthansa expects to need to take a write-down of 1.1 billion euros, equivalent to 11.4 billion SEK, in the third quarter.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the same time, the company is initiating a third package of measures in the restructuring program, meaning that the previously announced staff cuts of 22,000 full-time equivalents will not be enough. The aircraft fleet will also be reduced.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the deteriorating outlook, it is now clear that the previous guidance of a recovery to 50 percent of production in the fourth quarter is also not valid. Now it is rather expected to reach between 20 and 30 percent of passenger kilometers in the fourth quarter compared to previous years.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, with the measures, Lufthansa will be able to put a band-aid on the cash bleeding and reduce the outflow from 500 million euros per year to 400 million euros. The guidance that the company will turn to a positive operating cash flow in 2021 remains.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Source: di.se<\/p>","protected":false},"excerpt":{"rendered":"<p>Coronapressade flygbolaget Lufthansa r\u00e4knar med att beh\u00f6va genomf\u00f6ra en nedskrivning p\u00e5 1,1 miljarder euro, motsvarande 11,4 miljarder kronor, i tredje kvartalet. Samtidigt initierar bolaget\u00a0ett tredje \u00e5tg\u00e4rdspaket i det omstruktureringsprogrammet, med inneb\u00f6rden att de personalnedsk\u00e4rningar p\u00e5 22.000 \u00e5rsarbeten som tidigare aviserats, inte kommer att r\u00e4cka till. \u00c4ven flygplansflottan ska reduceras. I de f\u00f6rs\u00e4mrade utsikterna st\u00e5r det [&hellip;]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[3247,466,858],"class_list":["post-236919","post","type-post","status-publish","format-standard","hentry","category-travel-report","tag-flug","tag-lufthansa","tag-transport"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Lufthansa tvingas till ny nedskrivning p\u00e5 1,1 miljarder euro &#8211; Travel Report<\/title>\n<meta name=\"description\" content=\"Lufthansa tvingas till ny nedskrivning p\u00e5 1,1 miljarder euro \u2013 L\u00e4s senaste nyheterna fr\u00e5n resebranschen p\u00e5 Travel Report.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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