EMO 50th Anniversary Ad
FlyingTypers Logo
40th Anniversary Ad
   Vol. 15  No. 45
Monday June 13, 2016

Mass Layoffs At Lufthansa Cargo

Mass Layoffs At Lufthansa Cargo

Simone Menne   On September 2, 2016, one day after Simone Menne (left) quit her job at Lufthansa as Chief Financial Officer (CFO) to assume corporate board division finance responsiblity of the family-run Boehringer Ingelheim, which ranks among the world’s top 20 pharmaceutical companies, Lufthansa shares fell 5.5 percent to their lowest point since September 2015.
   Then came a report from Reuters on Friday, June 10, that Lufthansa Cargo was slashing up to 800 jobs from its total workforce of 4,600.
   The Lufthansa Cargo news appeared exactly 45 days after the carrier was named “Platinum Winner” at a UK Cargo Airline of the Year bow-tie event.
   But now platinum turns to lead, as once mighty Lufthansa Cargo headed by Peter Gerber has lost its luster and is a struggling cargo operation faced with what may be nothing less than a battle for survival.
   Elsewhere at the carrier, a top to bottom revamp for the entire airline appears to be next, including, according to a source, “a controversial 25 percent cut in personnel at Lufthansa’s heavy maintenance base at HAM.”
   “Mechanics Union is on notice from management to take the cutbacks or face losing the HAM heavy maintenance altogether to LH Technik in the Philippines,” the source added.
   And the beat goes on . . .

If You Missed Any Of The Previous 3 Issues Of FlyingTypers
Access complete issue by clicking on issue icon or
Access specific articles by clicking on article title
FT051816Vol 15. No. 42
So Smart It's Stupid
Chuckles for June 1, 2016
Letters to the Editor - June 1, 2016
FT051816Vol 15. No. 43
See What The Bears In The Back Room Will Have
DIAL Up Ten Years
Chuckles For June 6, 2016

LIGHTBOX: Memorial Day 2016
Porta Estellar Summer

FT051816Vol 15. No. 44
Gareth Joyce Is All About Choice

Sounds of Silence
Chuckles For June 8, 2016
Still A Thrill
One Roof Still At Home
The Champ Comes Home

Publisher-Geoffrey Arend • Managing Editor-Flossie Arend •
Film Editor-Ralph Arend • Special Assignments-Sabiha Arend, Emily Arend • Advertising Sales-Judy Miller

fblogoSend comments and news to geoffrey@aircargonews.com
Opinions and comments expressed herein do not necessarily reflect the views of the publisher but remain solely those of the author(s).
Air Cargo News FlyingTypers reserves the right to edit all submissions for length and content. All photos and written material submitted to this publication become the property of All Cargo Media.
All Cargo Media, Publishers of Air Cargo News Digital and FlyingTypers. Copyright ©2016 ACM, Inc. All Rights Reserved.
More@ www.aircargonews.com

recycle100% Green