Lufthansa Plans 1.5 Billion-Euro Cost Cuts, Handelsblatt Reports

Deutsche Lufthansa AG (LHA) may cut costs by 1.5 billion euros ($2 billion) under a plan that will probably be presented in March, Handelsblatt reported today, without saying where it obtained the information.

To contact the reporter on this story: Niklas Magnusson in Hamburg at nmagnusson1@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

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