Lufthansa Grounds CityLine Subsidiary Amid Soaring Jet Fuel Costs and Persistent Labor Strikes

Lufthansa has grounded its regional subsidiary, CityLine, effectively removing 27 aircraft from service due to rising jet fuel costs and continuous labor strikes.The airline is transitioning 2,000 affected employees to other units while planning broader service reductions following the summer season.Shares declined as the firm attempts to stabilize its operations amidst international fuel supply volatility.
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