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Lufthansa says it is losing 500 million euros per month and will cut more jobs

2020-09-21T13:50:04.961Z


The airline, the leading European air transport group, had already announced the elimination of 22,000 jobs in June.


Lufthansa, the leading European air transport group, saved from bankruptcy by the German state, announced on Monday thousands of additional job cuts, faced with a recovery "

significantly slower than expected

" after the virtual shutdown thefts due to the coronavirus.

Read also: Rescue of Lufthansa: look back on three months of tense negotiations

The company, which currently loses 500 million euros per month, will eventually part with 150 planes, against 100 initially planned, which leads to "

an increase

" in the number of "

surplus positions

" compared to the 22,000 already announced. All the Airbus A380s will remain grounded in the long term: they are "

withdrawn from the schedule

" and can only be reactivated in the event of a "

surprising

"

recovery

, the company said in a press release.

Source: lefigaro

All business articles on 2020-09-21

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