Lufthansa Breaks With Tradition, Cuts Staff Numbers To Reduce Costs
Lufthansa plans to cut 3,500 administrative positions in the coming years as the airline implements its €1.5 billion (US$2 billion) restructuring program, dubbed Score. The airline has targeted about €500 million in staff cost reductions, one-third of the total amount. CEO Christoph Franz says one...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
