Germany's Lufthansa is evaluating whether to cancel its daily Frankfurt-to-Beijing flights as increased competition, particularly from China, and higher costs of doing business in Europe hit its bottom line,

Deutsche Lufthansa AG is reviewing whether to cut its daily flight from Frankfurt to Beijing, citing its inability to compete with Gulf airlines that are free to travel through Russian air space.

Germany's Lufthansa is considering suspending its daily service from Frankfurt to Beijing amid intense competition from other airlines, a spokesman said on Friday. A decision is to be taken by October,