Luft Cargo to see more job cuts and 4-day strike

Despite early signs of a recovery, Lufthansa Cargo is reportedly planning to to reduce its workforce by 10 per cent in 2010 in response to the steep declines in freight revenue and traffic in 2009 which pushed Lufthansa Cargo US$300 million into the red in the first nine months of the year from a $240 […]


job cuts Lufthansa Cargo pilots strike


Despite early signs of a recovery, Lufthansa Cargo is reportedly planning to to reduce its workforce by 10 per cent in 2010 in response to the steep declines in freight revenue and traffic in 2009 which pushed Lufthansa Cargo US$300 million into the red in the first nine months of the year from a $240 million profit in the same period in 2008. The carrier is also poised to swing into crisis management mode as Lufthansa pilots are set for a four-day strike from Monday. The cargo division said it aims to operate more than 90 per cent of its freighter services during the strike, although there would be early departures or delays to a small number of flights, and cargo carried in passenger bellyholds would be affected. Although most of its regular pilots are expected to strike, Lufthansa Cargo said it would use management pilots to fly some aircraft and charter-in freighters from other airlines.