While Lufthansa Downplays Booking Decline, Others See Notable Shift

Last week, Lufthansa Group chairman and CEO Carsten Spohr told investors that the Sept. 1 enactment of its global distribution system surcharge had been "neutral" on the company's bottom line for the third quarter but acknowledged "some headwinds" from non-home travel markets. He was the latest and highest ranking Lufthansa official to downplay the impact of its new distribution strategy.