Lufthansa to cut jobs after reporting €2.1 billion loss

The German airline group Lufthansa says it will undergo “far-reaching restructuring” after reporting a net loss of €2.1 billion in the first three months of the year.

The changes will include job cuts at its Brussels Airlines and Austrian Airlines brands.

Lufthansa’s board agreed on Tuesday to a €9 billion German government rescue loan to help it through the crisis.

Also today, shares in French carmaker Renault jumped in early trading in Paris after it formally secured a €5 billion government-backed loan to shore up its finances.



Categorieën:Overheid en samenleving

Geef een reactie

Vul je gegevens in of klik op een icoon om in te loggen.

WordPress.com logo

Je reageert onder je WordPress.com account. Log uit /  Bijwerken )

Google photo

Je reageert onder je Google account. Log uit /  Bijwerken )

Twitter-afbeelding

Je reageert onder je Twitter account. Log uit /  Bijwerken )

Facebook foto

Je reageert onder je Facebook account. Log uit /  Bijwerken )

Verbinden met %s

%d bloggers liken dit: