BERLIN (Reuters) – Lufthansa said on Monday it was shrinking its fleet further as a result of the coronavirus pandemic, forcing it to take a 1.1 billion euro ($1.3 billion) impairment on the value of its aircraft in the third quarter.
A decision to take further aircraft out of its fleet meant its personnel surplus was now more than the 22,000 full-time position it had previously annouced, it added.
($1 = 0.8502 euros)
(Reporting by Maria Sheahan, editing by Thomas Escritt)