Those who stay should forego their salary: Almost 50,000 employees have to leave: job cut at Lufthansa despite billions in loans
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Due to the effects of the corona pandemic, Lufthansa is leaving many jets on the ground and massively cutting jobs: 29,000 jobs will have been lost by the end of the year. But that is by far not all.
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A company spokeswoman on Sunday confirmed a corresponding report by “Bild am Sonntag”. That leaves 109,000 employees. More than 20,000 jobs are being cut abroad. In addition, the airline sold the European business of the catering subsidiary LSG with 7,500 employees. Another 10,000 jobs are to be cut in Germany next year.
Like other airlines, the Lufthansa Group’s business crashed in the Corona crisis due to the greatly reduced flight offer. After three quarters, the company rescued by the state has already posted a loss of 5.6 billion euros in the current year.
Those who stay at Lufthansa should forego their salaries – others will be fired
Lufthansa had to be saved from bankruptcy by the state and has too many staff on board for long-term reduced demand. The number of jobs is to be reduced to almost 100,000, preferably through part-time and voluntary departures, but also through redundancies for operational reasons. In addition, employees have to make savings contributions and, for example, forego some of their income.
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Recently, the demand for flights over Christmas and New Year’s Eve increased at Lufthansa, the spokeswoman said. Bookings for the Canary Islands of Tenerife and Fuerteventura have tripled. The demand for flight tickets to Cape Town in South Africa and Cancun in Mexico has even quadrupled. But that’s just a drop in the bucket.
Ryanair is suing against state aid for Lufthansa
The Irish low-cost airline Ryanair has meanwhile launched a wave of lawsuits against state corona aid for airlines before the Court of Justice of the EU. The procedures also include support for the German Condor and Lufthansa, as well as a loan for the Austrian Lufthansa subsidiary Austrian Airlines, as Ryanair explained to the “Wirtschaftswoche”.
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“We filed an appeal in November against the government guarantee loans for Condor,” said Ryanair in a statement to the magazine. “We are currently preparing proceedings against the aid for Lufthansa.”
Ryanair is also targeting funds for TAP, SAS, Finnair and Air France-KLM
In addition to these three proceedings, Ryanair names nine other lawsuits in the statement. They concern loans or guarantees for the Lufthansa partner lines TAP from Portugal and the Scandinavian SAS. Other proceedings concern Finnair and Air France-KLM.
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Ryanair does not formally complain directly against the aid, but against its approval by the EU Commission. The first lawsuits are now being heard. Last Friday, the judges of the ECJ already dealt in the first instance with Finland’s 600 million euro loan for Finnair. Wednesday is about Portugal’s 1.2 billion euro aid to TAP.
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pom / with dpa
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/cloudfront-us-east-1.images.arcpublishing.com/gruponacion/JTACKKTFQNBM7DENDBR5O6FQKA.jpg "Obituary 2020: Roxana Campos Luque, the great woman of the theater")
