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Lufthansa will not cut flights due to fuel price

6/14/2008 9:22:28 AM

Lufthansa has no plans to reduce flights in response to the recent surge in fuel costs.

The German carrier is also has no intention of increasing fuel surcharges on customer tickets, said Uwe Mueller, vice-president for Asia Pacific, passenger division.

"We are quite confident that we have quite stable financial operations," he said.

Several international carriers have eliminated routes over the past several weeks as oil prices soared to record levels.

Lufthansa expects its capacity in Asia Pacific to grow six to seven percent this year, with growth in China, India, South Korea and Southeast Asia at 15 to 20 percent.

The carrier also has no immediate plans to invest in an Asian airline.

CargonewsAsia

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