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Home > News > WRS News > Lufthansa to cut jobs, Swiss unaffected
Thursday, 3 May, 2012, 10:18

Lufthansa to cut jobs, Swiss unaffected


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.
 


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