Overview

• The group will eliminate about 4,000 positions, mainly in Germany, focusing on back-office roles as processes are automated and duplicated tasks removed.
• Lufthansa set new medium-term goals of an adjusted operating margin of 8–10% from 2028 and annual adjusted free cash flow above €2.5 billion.
• Executives detailed tighter integration across member airlines and more centralized decisions to improve returns and shift resources toward higher-performing units.
• Fleet plans call for more than 230 new aircraft by 2030, including roughly 100 long-haul jets, in what the company describes as its largest modernization.
• Unions including Verdi pledged to oppose the cuts, and a pilots’ strike vote concludes on Sept. 30, creating near-term implementation risk.