Lufthansa could ground up to 40 jets

Lufthansa has drawn up contingency ​plans to ground up to 40 jets ‌due to a fuel shortage, Spiegel reported on Friday, against the backdrop of the war ​in Iran and its impact ​on energy shipments through the Strait ⁠of Hormuz.

Lufthansa CEO Carsten Spohr briefed ​his staff on Friday at an internal ​event, pointing to a significant worsening of the crisis, Spiegel added.

Management had two contingency plans ​drawn up, which provide for up ​to 40 aircraft to be grounded in the event ‌of ⁠an emergency, it said.]

The grounding is not yet certain, Spiegel reported. "Today we have simply decided to define the packages," ​Spohr was ​quoted ⁠as saying at the event.

Spiegel said cancellations would take effect ​from July at the earliest, ​or ⁠possibly not until winter, with early summer business barely affected due to high ⁠booking ​volumes.

Lufthansa did not immediately ​reply to a request for comment.

-Reuters