Lufthansa is to cut more full-time jobs and retire additional aircraft, it announced on September 21 in its third restructuring program. An unspecified number of extra jobs will be lost, on top of the 22.000 full-time equivalents reported in April and July. The...
Lufthansa Group will significantly reduce its fleet as it prepares for the post-Covid 19 return to service, the airline said on April 7. The reduction and reorganization will include all airlines and result in a yet to be confirmed number of job losses. CEO Carsten...
Air France-KLM will (have to) ‘reinvent’ itself if it wants to meet its targets of higher revenues, strong improvement of the operating margin, reduced costs, and more operational efficiency, the French-Dutch airline group said on its Investor Day on November 5. That...
Lufthansa’s low-cost airline Eurowings before the end of next year will re-focus on short-haul, point-to-point operations, slash costs by 15 percent and later on modernize its fleet. This is the most significant announcement at Lufthansa’s Capital Markets Day for...
Lufthansa has decided a significant renewal of its long-haul fleet on March 23, by announcing it has placed a follow-on order with Airbus for 20 A350-900s but also becoming a Boeing 787-customer, with an order for 20 -9s. Out will go six A380s and the A340-fleet....
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