Home / World News / Covid-19 impact: Lufthansa says 22,000 jobs could go in costs purge

Covid-19 impact: Lufthansa says 22,000 jobs could go in costs purge

The carrier may also face a fare war with European discounters led by Ryanair Holdings and years of sluggish demand on usually money-spinning long-haul routes.

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Europe’s biggest airline has begun talks with unions representing pilots, flight attendants and ground staff and aims to minimize the number of people dismissed by reducing working hours and other measures, it said in a statement.

Bloomberg

2 min read Last Updated : Jun 12 2020 | 12:31 AM IST

Deutsche Lufthansa has revealed the full extent of potential job losses, saying cost cuts and moves to shrink the fleet will leave the airline with a surplus of 22,000 full-time positions.

“Without a significant reduction in personnel costs during the crisis we will miss the chance of a better restart and risk Lufthansa Group emerging significantly weaker,” Michael

Topics : Coronavirus Lockdown Lufthansa Aviation industry European Union job cut layoff

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