Germany's national carrier Lufthansa on Thursday said its regional subsidiary Lufthansa CityLine will suspend operations of its 27 older aircraft starting Saturday, APA reports.
"In view of significantly increased kerosene prices, which have more than doubled compared to the period before the Iran war, as well as rising additional burdens from labor disputes, the implementation of the corporate strategy is being partially accelerated."
"As a first, immediately effective step, starting the day after tomorrow, the 27 operational aircraft of Lufthansa Cityline will be permanently removed from the schedule to reduce further losses at the loss-making airline," Lufthansa announced. Previously, Cityline was not slated to cease operations until 2028.
Lufthansa also said it would withdraw four older long-haul Airbus A340-600s from its core brand fleet at the end of its summer flight schedule. The winter flight schedule will see the number of short- and medium-haul flights reduced by five aircraft, the airline said.