Loading
21-Sep-2009 12:45 PM

Lufthansa to cut administrative costs by 15%

Lufthansa reportedly plans to cut administrative costs by 15% by the end of 2011, including a 5% cut in costs in personnel costs at its Cologne headquarters (AP/DPA, 20-Sep-2009). The cuts are distinct from a plan announced in Jul-2009 to eliminate 400 administrative positions.

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More