Lufthansa CEO Spohr gets contract extension


Save Story

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

FRANKFURT, Germany (AP) — German airline Lufthansa has extended the contract of CEO Carsten Spohr, who has led the airline through an expansion of its budget arm Eurowings and the response to the 2015 crash of Germanwings Flight 9525 that killed 150 people.

The board of directors said in a statement that Spohr's contract would be extended through 2023. Spohr, 51, became CEO in May 2014.

Less than a year into the job he had to deal with the aftermath of the Germanwings crash. Investigators said copilot Andreas Lubitz deliberately crashed the plane in mountains in southern France.

Spohr then also faced a series of employee strikes.

Lufthansa has expanded its low-cost services as it copes with competition from state-backed airlines in the Persian Gulf region and budget airlines in Europe.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.
    Newsletter Signup

    KSL Weather Forecast

    KSL Weather Forecast
    Play button