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Aircraft and transports. Lufthansa crisis: 3500 jobs are in the balance in the German flag carrier

Cologne, Germany - 381 million Euro loss in 2012 first quarter

Lufthansa, the flag carrier of Germany and the largest airline in Europe in terms of overall passengers carried and fleet size, is feeling the effects of the crisis. A cut of 3500 jobs in the airline is in the balance, according to the company's CEO Christoph Franz. Lufthansa's top management ascribes the responsibility to the fuel cost increase, both because of the oil price raise and for the heavy...

AVIONEWS - World Aeronautical Press Agency - 1140159

AVIONEWS - World Aeronautical Press Agency
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