Lufthansa Cargo eyes cost cuts, grounds two MD-11Fs
Credit: Kurt Hofmann
Lufthansa Cargo will implement cost-saving measures, called C-40, starting next year as it reacts to the weakening air cargo market and negative effects from pilot and cabin crew strikes. CFO Martin Schmitt told ATW in Nairobi that C-40 should deliver a sustainable annual cost savings of €40 million...
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