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Spiegel reports that Lufthansa may ground 40 jets because of fuel shortage.

Spiegel reported that Lufthansa has prepared contingency plans for a fuel shortage. This is in response to the conflict in Iran, which will have an impact on the shipments of 'energy through the Strait of Hormuz.

Spiegel reported that Lufthansa's CEO, Carsten Spohr, briefed his employees on Friday at an internal event. He pointed out a dramatic worsening in the crisis.

It said that the management had prepared two "contingency plans" which would allow up to 40 planes to be grounded if an emergency occurred.

Spiegel reported that the grounding was not yet certain. Spohr said at the event, "Today, we've decided to define a?package.

The cancellations will begin at least in July, and possibly not until winter. Early summer bookings are unlikely to be affected by the cancellations due to high booking volume.

Lufthansa did not immediately respond to a comment request. (Reporting and editing by Matthias Williams, Friederike Heine and Thomas Seythal)

(source: Reuters)