UNION REJECTS CUTS
Aviation expert Gerald Wissel from Airborne Consulting said Lufthansa wanted to centralise its management. “In this context, the job cuts at the office level seem justified, but it will still be difficult to lay off so many employees in a socially acceptable manner,” he told AFP.
The Verdi union, which represents some Lufthansa workers, said it would not accept “drastic cuts”. “We will use the next round of collective bargaining to combat any such measures,” union representative Marvin Reschinsky told AFP.
LOSING GROUND TO EUROPEAN RIVALS
Lufthansa has lost ground to key competitors IAG and Air France-KLM, which have both outperformed the German airline group in terms of profitability. The gap has added pressure on the German carrier to accelerate restructuring and improve efficiency.
Analysts say the upcoming investor presentation will be a crucial test of Lufthansa’s ability to convince markets it can turn around performance without sparking major labour disputes.