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Lufthansa Group warns of further job cuts; renews testing plea

Air
James Chapple
22 September 2020

Lufthansa Group has warned it will likely have to make additional job cuts in response to the ongoing Covid downturn, and further trim its fleet.

Lufthansa has warned it will have to make further job cuts

The group’s executive board has approved a third round of restructuring measures, which will result in further efforts to match staffing levels with demand.


It has significantly revised down the group’s capacity outlook; Lufthansa had previously anticipated achieving 50% of 2019 capacity by the fourth quarter.


However, the group’s executive board has now said this "no longer seems realistic", adding that if current trends continue, capacity by available seat kilometres will reduce to between 20% to 30% compared to 2019.


As a result, the group expects to cut around 150 aircraft from its group-wide fleet by 2025, which also includes wet-leased aircraft.