Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Lufthansa to Centralize Administration, WirtschaftsWoche Reports

Deutsche Lufthansa AG will centralize subsidiaries’ information technology, purchasing, auditing and human-resources departments in a 1.5 billion-euro ($1.93 billion) cost-saving plan, WirtschaftsWoche reported, citing unidentified people at the carrier.

Chief Executive Officer Christoph Franz will present details of the profit-improvement program, which will also eliminate superfluous routes, to management on Feb. 6, the magazine said.

The greatest effect will be on the purchasing abilities of the Austrian Airlines, Swiss, Germanwings, Lufthansa Technik and Lufthansa Cargo units, WirtschaftsWoche said.

Andreas Bartels, a spokesman for Cologne, Germany-based Lufthansa, declined to comment on the report, saying the savings program is still being evaluated.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.