Two of
Europe s top airline groups, Lufthansa and Air
France-KLM, announced plans to cut costs after
reporting wider first-quarter losses on Tuesday as they faced
high customer payouts due to flight.
German flagship airline Lufthansa is cutting costs after labour strikes in the first quarter, with measures including hiring fewer staff in administration. At the presentation of the final quarterly figures for this year in Frankfurt, chief executive Carsten Spohr said that savings had to be made in all areas that did not directly affect customers. In principle, the company had resolved to manage with 20% fewer managers and employees in the administrative areas compared to 2019. The high strike
Lufthansa, Air France-KLM to cut costs after tough Q1 rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.
Lufthansa is going on a cost-cutting course after the expensive strikes at the beginning of the year. CEO Carsten Spohr announced a hiring freeze in administration on Tuesday, despite the strong.