Lufthansa Targets Massive Cuts

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By Jens Flottau

Lufthansa is targeting a 40% cut to unit costs in its European non-hub operations in order to bring the segment above the breakeven line. Company sources tell The DAILY the carrier is working on sweeping changes to the way it operates its European mainline and regional network. Those executives rule out one option that has been discussed previously: Lufthansa will not transfer the segment to its low-cost affiliate Germanwings. The airlines officially had no comment....

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