Business

Germany's Lufthansa inches closer to state bailout

Coronavirus-hit Lufthansa inched closer to securing a nine-billion-euro bailout from the German government after the airline's supervisory board approved the rescue plan on Monday.

Business

Norwegian enters 'hibernation' to ride out virus crisis

Norwegian Air Shuttle said on Thursday it was now in "hibernation", hoping to ride out the devastation inflicted on aviation by the coronavirus pandemic which pushed the low-cost carrier deeper into loss.

Business

China becomes large shareholder in Norwegian Air Shuttle

Aircraft leasing company BOC Aviation, controlled by the Chinese state, has become a major shareholder in Norwegian Air Shuttle as part of the ailing airline's rescue plan, Norwegian said Wednesday.

Automotive

France to subsidise clean car purchases to save automakers

France is preparing a package of measures to shore up automakers stung by the coronavirus crisis, including subsidies to encourage purchases of electric vehicles, Finance Minister Bruno Le Maire said Monday.

Business

Lufthansa puts 87,000 workers on reduced hours

European airline giant Lufthansa said Thursday it has placed 87,000 workers—more than 60 percent of its workforce—on government-backed shorter hours schemes, as air travel idles amid the coronavirus crisis.

Business

Lufthansa to halve flight capacity over virus

German airline giant Lufthansa said Friday it would slash capacity by half in the coming weeks, as the group battles "drastic declines in bookings and numerous flight cancellations" prompted by the novel coronavirus.

Business

Lufthansa to ground 150 planes over coronavirus

German airline giant Lufthansa said Wednesday it would ground 150 of its more than 750 planes worldwide, days after announcing a slimmed-down timetable over the effects of the novel coronavirus.

Business

Lufthansa further slashes flight plan over virus

German airline group Lufthansa said Monday it was extending flight cancellations on Iran and China routes until late April, part of a broader rollback because of the novel coronavirus.

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Plan

A plan is typically any diagram or list of steps with timing and resources, used to achieve an objective. See also strategy. It is commonly understood as a temporal set of intended actions, through which one expects to achieve a goal. For spatial or planar topologic or topographic sets see map.

Plans can be formal or informal:

The most popular ways to describe plans are by their breadth, time frame, and specificity; however, these planning classifications are not independent of one another. For instance, there is a close relationship between the short- and long-term categories and the strategic and operational categories.

It is common for less formal plans to be created as abstract ideas, and remain in that form as they are maintained and put to use. More formal plans as used for business and military purposes, while initially created with and as an abstract thought, are likely to be written down, drawn up or otherwise stored in a form that is accessible to multiple people across time and space. This allows more reliable collaboration in the execution of the plan.

This text uses material from Wikipedia, licensed under CC BY-SA