23 min

Lufthansa CEO on its turnaround, India and Air India The Morning Brief

    • Business News

German airline Lufthansa has been impacted by Covid before and more than most global carriers. It grounded planes, fired thousands of employees and lost billions. Last week, Lufthansa CEO Carsten Spohr said the airline “is back” as it swung from record losses in 2020 to a resounding profit in 2022.As it still grapples with challenges and pushes through its expansion plans-buying aircraft, revamping product and hiring staff- Asia and India assume massive importance for the European carrier. In an exclusive chat, Spohr talks to host Anirban Chowdhury about the airline’s current problems and opportunities; why the airline will be leaner than before; the importance of China; why he loves India and his plans for the market. He also talks about why the world and Lufthansa want a new Air India. Credits: Channels Television, WION, DW News, euronews and CNBC International TV.     If you like this episode from Anirban Chowdhury, check out the other episode on Are Startup Community Funding Platforms Gaming The System?, The Great Indian YouTube Thali and more!You can follow Anirban Chowdhury on his social media: Twitter and Linkedin. Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts.
See omnystudio.com/listener for privacy information.

German airline Lufthansa has been impacted by Covid before and more than most global carriers. It grounded planes, fired thousands of employees and lost billions. Last week, Lufthansa CEO Carsten Spohr said the airline “is back” as it swung from record losses in 2020 to a resounding profit in 2022.As it still grapples with challenges and pushes through its expansion plans-buying aircraft, revamping product and hiring staff- Asia and India assume massive importance for the European carrier. In an exclusive chat, Spohr talks to host Anirban Chowdhury about the airline’s current problems and opportunities; why the airline will be leaner than before; the importance of China; why he loves India and his plans for the market. He also talks about why the world and Lufthansa want a new Air India. Credits: Channels Television, WION, DW News, euronews and CNBC International TV.     If you like this episode from Anirban Chowdhury, check out the other episode on Are Startup Community Funding Platforms Gaming The System?, The Great Indian YouTube Thali and more!You can follow Anirban Chowdhury on his social media: Twitter and Linkedin. Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts.
See omnystudio.com/listener for privacy information.

23 min