Lufthansa’s Austrian Unit May Lose 1,100 Jobs by 2022, CEO Says

Photographer: Martin Leissl/Bloomberg
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Deutsche Lufthansa AG’s Austrian Airlines division will shrink to 80% of the size it was before the coronavirus crisis, Chief Executive Officer Alexis von Hoensbroech said in an interview with the newspaper Der Standard.

“From today’s perspective that would mean that we have 1,100 employees too many,” he said. “We are planning two years of short-hours work, so there can be no layoffs for that long,” but a large part of the planned reduction by 2022 will be through staff turnover, he added.