Simone Menne (L), Lufthansa Chief Financial Officer, and Carsten Spohr, Lufthansa Chief Executive, attend a news conference in Frankfurt, March 12, 2015. Tough competition from rivals in Europe and elsewhere means Lufthansa cannot let up on cost-cutting, the German airline said, even though it faces more strikes from pilots over such measures. REUTERS/Ralph Orlowski (GERMANY - Tags: TRANSPORT BUSINESS)