Did Lufthansa Group Overreact to Low-Cost, Long-Haul Threat?

Lufthansa Group on Monday killed what may have been its worst strategic blunder of past decade when it said its Eurowings subsidiary will stop flying long-haul routes. The announcement came a week after the company said the subsidiary will lose more money this year than expected, a result that will reduce group earnings. Good riddance. … Continue reading Did Lufthansa Group Overreact to Low-Cost, Long-Haul Threat?