Lufthansa marks Zagreb anniversary

GLOBAL AVIATION NEWS

Swiss cuts staff, fleet

Swiss International Air Lines (Swiss) is cutting hundreds of jobs and downsizing its fleets as the company struggles to weather the disruption of Covid-19. Up to 780 employees, including pilots, cabin crew, ground crew, and technicians, could be affected by the layoffs, Swiss announced. The company’s fleet of short and medium haul planes will be reduced by ten to 59, and long haul aircraft by five to 26 - a total reduction of 15% of fleet size compared to 2019. As a result, short and medium haul flights are “likely to be reduced from their 2019 levels, while services may not yet be restored at all on a few direct intercontinental routes”, the airline wrote in a statement. Swiss had already reported plummeting finances and had hinted at reducing up to 1.000 staff, but without layoffs. The Covid-19 pandemic, which brought international travel to a halt in 2020, has been a disaster for the airline. Now, however, the company cites “structural” changes in the airline market which it reckons will result in a decline of 20% in overall demand in the medium-term future. “It has grown increasingly clear that our market is undergoing structural change, and that despite the actions which we were swift to take in response [to the pandemic], a restructuring of our company now sadly seems unavoidable” Swiss CEO, Dieter Vranckx, said in a statement. Vranckx, who replaced former CEO Thomas Kluhr at the end of last year, said the new measures aim to make savings of some $550 million, which would allow the company to “repay our bank loans as promptly as possible and to sustainably retain our competitive credentials and regain our ability to invest”. Swiss said none of the measures would have an impact on its obligations under the terms of a government-backed financial aid package made just over a year ago, when the country’s airline sector was supported with almost 2 billion Swiss francs in liquidity.
Source: Swissinfo

Lufthansa marks Zagreb anniversary

NEWS FLASH

Lufthansa is celebrating fifty years of doing business in Croatia in 2017. The German carrier launched operations from Frankfurt to Zagreb on August 20, 1967 with a Boeing 727 Europa Jet and has since connected Croatia via its Frankfurt and Munich hubs. Lufthansa's General Manager for Croatia, Bosnia and Herzegovina, Montenegro, Slovenia and Serbia, Bernhard Wodl, said the carrier now maintains fifty weekly flights to the country. “We are happy with the results we have achieved on this market. We work well together and fly to larger airports such as Zagreb, Split, Dubrovnik, Pula and Zadar. This year we have increased our frequencies”, Mr Wodl noted. Lufthansa will celebrate the anniversary on the streets of Zagreb over the summer months with a number of special promotions, including discount flights. Several charity events are also planned.

Comments

Anonymous14:12
Congratulations Lufthansa!
ReplyDelete
Replies
Anonymous15:39
Happy anniversay Mama Lufti! :)
ReplyDelete
Replies
JU520 BEGLAX16:15
Nice! Congratulations

Does anyone knows when Swiss will celebarte 70 years of BEG operations? 2017,18 ir 19?
ReplyDelete
Replies
Anonymous17:23
Happy Geburtstag, Lufty!
ReplyDelete
Replies
Anonymous19:03
For most legacy carriers, Zagreb and Croatia are their most important market when it comes to the region, or ex-yu, always was and always will be.

Good to see Lufthansa celebrating Zagreb connection, 50 years old.
ReplyDelete
Replies
Anonymous20:13
Looking forward to seeing their promo actions during summer in Zagreb!
ReplyDelete
Replies
Anonymous21:41
LH will celebrate 50th anniversary all across ex-YU countries in August.
ReplyDelete
Replies

Add comment

Search This Site

Lufthansa marks Zagreb anniversary

Comments

Post a comment