Lufthansa could ground up to 40 jets due to fuel shortage, Spiegel reports
Fuel Shortage Crisis and Lufthansa's Contingency Plans
BERLIN, June 26 (Reuters) - Lufthansa has drawn up contingency plans to ground up to 40 jets due to a fuel shortage, Spiegel reported on Friday, against the backdrop of the war in Iran and its impact on energy shipments through the Strait of Hormuz.
CEO Briefing and Crisis Escalation
Lufthansa CEO Carsten Spohr briefed his staff on Friday at an internal event, pointing to a significant worsening of the crisis, Spiegel added.
Contingency Plans for Aircraft Grounding
Management had two contingency plans drawn up, which provide for up to 40 aircraft to be grounded in the event of an emergency, it said.
Uncertainty and Timeline for Potential Cancellations
The grounding is not yet certain, Spiegel reported. "Today we have simply decided to define the packages," Spohr was quoted as saying at the event.
Spiegel said cancellations would take effect from July at the earliest, or possibly not until winter, with early summer business barely affected due to high booking volumes.
Lufthansa's Response
Lufthansa did not immediately reply to a request for comment.
(Reporting by Thomas Seythal; editing by Matthias Williams and Friederike Heine)
