Lufthansa to cut costs at Eurowings subsidiary

German airline Lufthansa will speed up cost cutting to try to boost productivity at its low-cost Eurowings subsidiary as it battles to defend market share in a competitive European market, chief executive Carsten Spohr has said.

“After quick growth in recent years we will first and foremost reduce complexity and costs (at Eurowings),” Mr Spohr said in an interview with German weekly magazine Der Spiegel.