Lufthansa Group to be first European buyer of 777-8 freighter
It is not just demand for passenger airlines that is exhibiting a rebound as the impacts of the COVID-19 pandemic on the economy fade. Amid a recovery of the global economy, and increased cargo and trade volumes, Boeing has seen an increase in demand for cargo and freighter aircraft, with Lufthansa group being the first customer in Europe of the 777 freighter.
New ActivityIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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