Competition from Chinese airlines that do not have to avoid Russian airspace is undermining the profitability of Lufthansa's ...

SEOUL — Competition from Chinese airlines that do not have ... "It's really overcapacity in Europe from Chinese carriers," Lufthansa's vice president for Asia-Pacific, Felipe Bonifatti, said in an ...

Lufthansa blamed high personnel costs, aircraft delays, and rising competition from the Middle East and Asia. The carrier expects cost-cutting moves and strong demand to drive a sharp earnings ...

SEOUL, April 4 (Reuters) - Competition from Chinese airlines ... overcapacity in Europe from Chinese carriers," Lufthansa's Vice President Asia Pacific, Felipe Bonifatti, said in an interview ...