'We are German; we like to be boring,' says Lufthansa’s CEO
Investing in airlines offers more rolls, loops and spins than actually taking a commercial flight, because profitability is extremely sensitive to any drop off in demand. German carrier Lufthansa hopes to ease the turbulence by proudly reclaiming a national trait: boringness.
“In the end, we are boring. We are German; we like to be boring,” said Carsten Spohr, chairman and chief executive officer of Lufthansa, during the closing words of the airline’s capital markets day, which occurred Monday in Frankfurt.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Europe’s gaseous political alliancesThe old Franco-German pact has given way to shifting coalitions
Read more »
Lufthansa pegs dividend payout ratio to net profitGerman carrier Lufthansa on Monday said it would start pegging its dividend payo...
Read more »
Climate activists end their blockade of German coal mineHundreds of climate activists called an end to their protest Sunday inside one of Germany's biggest open-pit mines after police repeatedly ordered them to leave, citing life-threatening danger, and authorities pulled some protesters out.
Read more »
Huawei: 'No doubt' that we will meet German 5G security standardsHuawei, the Chinese technology and telecoms group hit by U.S. sanctions, said on...
Read more »
Shares in German store chain Metro rise after takeover offerShares in Germany's Metro climbed on Monday after EP Global Commerce, owned...
Read more »
German business sentiment lowest since November 2014: Ifo'The German economy is heading for the doldrums,' says Ifo President Clemens Fuest, as a survey shows German business morale fell to its lowest level since 2014
Read more »