The Lufthansa Group has revealed its detailed plan to increase profitability by focusing on optimization and integration between the various arms of its business. Unfortunately, in some areas, this will result in thousands of job cuts between now and the end of the decade, primarily in administrative roles.

Lufthansa

IATA Code

LH

ICAO Code

DLH

Airline Type

Full Service Carrier

Hub(s)

Frankfurt Airport , Munich Airport

Year Founded

1953

Alliance

Star Alliance

CEO

Carsten Spohr

Loyalty Program

Miles & More

IATA/ICAO Code

LH/DLH

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The news comes as the Cologne-headquartered German flag carrier and Star Alliance founding member presents its strategic plan, while also laying out fresh financial targets in the medium term. The job losse

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