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German airline Lufthansa says it will cut 3,500 jobs worldwide, though its Swiss subsidiary will be unaffected.
Lufthansa said the cuts will mainly hit the administrative operation, part of a plan to raise earnings by 1.5 billion euros by 2015.
Swiss International Airlines will be responsible for 100 million euros of this improvement, said spokeswoman Susanne Mühlemann.
Swiss booked a loss of 4 million francs in the first quarter of this year, citing industry volatility and a difficult market.
Parent Lufthansa saw an operating loss of 381 million euros in the quarter.