Hopes for a quick recovery have been dashed. At Swiss, it is expected that another injection of funds will be necessary at the end of the year.
Pandemic drastic drop in sales, missing passengers, Tlanding planes on the ground, Putdegradation and Short-time work: Aviationbranch struggles to survive. According to the World Association Ithey the industry will grow up to 77 billion U in the second half of the yearS-Dollar lose cash. These are 13 Billion Dlook per month or 300’000 Dlook pro Minute.
Die Swiss burns according to their own information 1.5 million F.ranken am day. Projected over a year, that’s more than 500 million Ftendril. The Parent company, the Lufthansa-Group loses half a billion euros a month. German Lufthansa reported at the beginning of the month Payouts of 3.2 billion euros for ticket refunds to 7.3 million customers. Another 300 million euros are still outstanding.