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Exclusive: Lufthansa CEO calls for 'significant' Alitalia cuts - letter

Reuters  |  FRANKFURT 

FRANKFURT (Reuters) - Lufthansa sees a need for "significant" restructuring at Italy's Alitalia before the German airline can make a deal to buy the carrier, according to a letter by Lufthansa Chief Executive Carsten Spohr seen by Reuters on Thursday."While recognising the valuable measures that have been undertaken to date under the leadership of the commissioners, we strongly believe that there remains a considerable amount of work to be achieved before Lufthansa would be in the position to enter comprehensively into the next phase of the process," Spohr said in the letter to Italian ...

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First Published: Thu, January 11 2018. 19:19 IST