Lufthansa plans compulsory lay-offs

Lufthansa plans compulsory lay-offs

Lufthansa put German workers on notice of compulsory lay-offs on Thursday, saying tumbling air travel and slow progress in union negotiations meant cuts were unavoidable after it lost 1.7 billion…
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Lufthansa seeks government bailout

Lufthansa seeks government bailout

German airliner Lufthansa published an interim report on its financial woes on Thursday, reporting a first quarter operating loss of €1.2 billion while the vast majority of its fleet is…
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