Lufthansa Layoffs: Airline to cut 4,000 jobs by 2030 as AI adoption speeds up – DETAILS – Companies

Lufthansa Layoffs: Airline to cut 4,000 jobs by 2030 as AI adoption speeds up - DETAILS - Companies


Most of the lost jobs would be in Germany, and the focus would be on administrative rather than operational roles, the company stated.

Lufthansa stated it was relocating to deepen the integration among member airlines Lufthansa, SWISS, Austrian Airlines, Brussels Airlines and ITA Airways, and is reviewing which activities will be no longer necessary in the future, for instance due to duplication of work.

It stated in a statement that profound modifys brought about by digitalisation and artificial innotifyigence would increase efficiency across business areas and activities.

The airline group laid out its strategic plans at a presentation for investors and analysts in Munich, declareing it was seeing strong demand for air travel amid limits on offerings of flights due to stretched supply chains for planes and engines. That means a tight market that is keeping planes full and boosting revenue.

Lufthansa Group stated it expected ‘significantly increased profitability’ by the finish of the decade and was readying what it called the largest fleet modernisation in the company’s history that would add more than 230 new aircraft by 2030, including 100 long-haul aircraft.

The Lufthansa Group is a globally operating aviation group that includes network airlines, point-to-point airline Eurowings and service companies. It had 101,709 employees in 2024 and generated revenue of 37.6 billion euros (USD 44 billion).



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *