Lufthansa Group CEO: Entire aviation industry 'must adapt to the new normal'

Lufthansa Group chairman and CEO Carsten Spohr said (06-Aug-2020) the industry is experiencing a "caesura" in global air traffic, reiterating that pre-coronavirus demand, for long haul in particular, is not expected to return until at least 2024. Mr Spohr said the entire aviation industry "must adapt to a new normal", adding: "The pandemic offers our industry a unique opportunity to recalibrate, to question the status quo and, instead of striving for growth at any price, to create value in a sustainable and responsible way". [more - original PR]