Like every other major airline company, Lufthansa Group is still haunted by the memory of the two massive airline-industry downturns that have taken place since the turn of the century. The first, from late 2001 until 2003, resulted from the psychological and economic impacts of the three terrorist attacks involving hijacked US airliners on September 11, 2001. The second came about five years later, when the collapse of US investment bank Lehman Brothers precipitated one of the biggest global economic crises in history - its effects lingering on until the present day.
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