Overview
- Lufthansa announced the plan at an investor and analyst presentation in Munich on September 29.
- About 4,000 positions will be eliminated by 2030, focused on administrative roles mainly in Germany, with terms to be negotiated with social partners.
- The group outlined its largest-ever fleet renewal with more than 230 new aircraft due by 2030, including 100 long-haul jets.
- New 2028–2030 targets include an adjusted EBIT margin of 8–10%, adjusted pre-tax ROCE of 15–20%, and about €2.5 billion in annual adjusted free cash flow.
- Coverage notes this would be the group’s most significant workforce reduction since the pandemic, following weak 2024 results and expanded overlap after ITA Airways joined the group.