Lufthansa to slash 22,000 jobs, predicts 'slow recovery' from COVID-19 crisis

German airline Lufthansa has anunced on June 11 that it would let go of nearly 22,000 full-time employees as y predict a slow recovery from impacts of coronavirus outbreak. unprecedented COVID-19 pandemic took a severe toll on travel industry forcing most airlines to shut ir businesses as major countries h closed ir borders to curb furr spre of vel coronavirus. w even though some parts of world are planning on opening tourism industry, Lufthansa has reportedly said that recovery in demand for air transport “will be slow in foreseeable future”.

news of slashing thousands of jobs by Lufthansa came just days after airline anunced a significant expansion in its flight schedule until September. w, group will carry out its operations with at least 100 less aircraft carriers which led to “a total of 22,000 fewer full-time positions in Lufthansa Group”, and half of which are in Germany. Moreover, according to an international news ncy, posts sum up to be nearly 16 per cent of German airline’s total workforce of 135,000.

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70% long-haul destinations to be back

Lufthansa has still assured that it would come up with certain schemes that would enable a shorter duration for work along with or crisis manment. Even though nearly 700 aircrafts owned by Lufthansa were grounded out of its total 763 aircraft at peak of lockdowns, company anunced on June 8 that at least 70 per cent of its long-haul destinations would be back for customers to book by September. 

Lufthansa said, “90 per cent of all originally planned short- and medium-haul destinations and 70 per cent of long-haul destinations will be served again. Customers planning ir autumn and winter holidays w have access to a comprehensive global network of connections via all hubs of Group.”

“ core brand Lufthansa alone will be flying more than 100 times a week to destinations in rth America via its hubs in Frankfurt and Munich in autumn. Around 90 flights a week are planned to Asia, over 20 to Middle East and over 25 to Africa,” it ded. 

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(With ncy inputs)

Im Source: AP