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Lufthansa retires big jets, says rebound could take years

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FRANKFURT – German airline group Lufthansa said it was permanently removing some of its large aircraft from service and reducing capacity for the long term, saying it will take years for demand for air travel to return to levels seen before the coronavirus pandemic.

The company said in a statement Tuesday that it was retiring six Airbus A-380s, five Boeing 747-400s and seven Airbus A340-600 aircraft, a step that anticipates less traffic long term at its Frankfurt and Munich hubs in Germany.

The company was unable to say what eventually would happen to the planes given lack of demand for aircraft at the moment but it was clear they would not fly for Lufthansa again.

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