Lufthansa to trim staff strength; 1,000 administrative jobs to go
German flag carrier Lufthansa has announced that it will cut 20% of its leadership positions and 1,000 administrative jobs, in a restructuring plan to cope with the economic fallout of the coronavirus pandemic.
After downsizing the executive board of the Lufthansa parent company, the corporation is now also planning similar actions at its subsidiaries, with Lufthansa Cargo AG, LSG Group, and Lufthansa Aviation Training set to lose one board position each.
The airline said that it would also halve its investment in new aircraft, although it could still add up to 80 new planes by 2023. According to a statement, the company has already phased out 22 aircraft, including six Airbus A380, 11 Airbus A320 and five Boeing 747-400.