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Lufthansa

Lufthansa to slash more jobs as it loses 500 mn euros a month

FRANKFURT AM MAIN: Lufthansa said Monday it would slash more jobs on top of 22,000 previously announced cuts, as well as put more planes out of service, because it is currently losing some 500 million euros ($590 million) a month.
With demand to be lower than expected through winter as the coronavirus pandemic continues to severely curtail travel, the airline said it has been forced to put its eight remaining A380s as well as 10 A340-600s into deep storage.

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M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.