Germany's news in English

Editions:  Europe · Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland

Lufthansa to shed staff in savings push

Share this article

Lufthansa to shed staff in savings push
Photo: DPA
13:04 CEST+02:00
Lufthansa announced on Friday it plans to cut 400 administrative jobs by the end of 2011 as part of a major cost-cutting drive.

Thomas Klühr, the head of the airline's efficiency drive programme “Climb 2011,” told the company's internal newspaper, Lufthanseat that about 270 jobs would be phased out by 2010.

The cuts should help with the company's aim to save €1 billion by the end of 2011.

Klühr said forced layoffs were not anticipated. Rather, cuts would take the form of partial early retirement, voluntary redundancy payouts and special leave.

To raise productivity, Lufthansa was also considering a cut in cabin crew of perhaps 10 percent, said Klühr.

Another possible saving could come from suppliers. Lufthansa would be looking for agreements on cuts of 10 percent to meet a further saving goal of €130 million, he said. Savings of €50 million were also planned in catering.

Lufthansa also planned to raise revenues through greater seating capacity per flight, which primarily would come from flights within Europe.

 
Get notified about breaking news on The Local

Share this article

The Local is not responsible for content posted by users.
Become a Member or sign-in to leave a comment.

From our sponsors

Four ways to lower your rent in Germany

It's often expats in Germany who find themselves paying unduly high rent, but that doesn't mean you can't get a better deal - even if you've already signed your tenancy agreement.