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Lufthansa is cutting more than 1,000 pilot positions

2020-09-25T13:05:43.943Z


Because of the coron crisis, Germany's largest airline has to save drastically. According to SPIEGEL information, more pilots are now expected to leave the group than previously known.


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On the ground: Lufthansa planes in Berlin

Photo: Fabrizio Bensch / REUTERS

The Lufthansa management wants to save significantly more pilot positions than planned recently.

That leaked out on the sidelines of the latest board meeting earlier this week.

As recently as June, the Board of Management announced that up to 600 cockpit jobs could be eliminated from the Lufthansa brand alone.

Now 1100 jobs are to be cut because bookings continue to fall, preferably through early retirement and part-time offers.

If that is not enough, CEO Carsten Spohr will even consider redundancies for operational reasons.

Deep cuts are also imminent for the Germanwings brand.

The first pilots are to be released there in the second quarter of 2021.

The downsizing is intended to reduce the Group's high cash outflow, currently around half a billion euros per month.

Most of the pilots are currently on short-time work, but the Federal Employment Agency only replaces part of the old salary up to the ceiling of almost 7,000 euros.

Lufthansa increases the remainder up to 87 percent of the last net salary.

Since older pilots earn up to 20,000 euros gross per month, the group often has to pay several thousand euros per employee.

In addition, the short-time allowance rule is set to expire at the end of 2021.

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did / mum

Source: spiegel

All business articles on 2020-09-25

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