Tourexpi
At its Capital Markets Day in Munich, Lufthansa Group
announced that it will reduce around 4,000 administrative positions worldwide
by 2030, the majority in Germany. The cuts are part of an ambitious program of
digitalization, automation, and process consolidation designed to increase
efficiency and profitability across the Group. Operational roles will not be
affected, with reductions focusing on administrative functions.
Streamlining through digitalization
The Lufthansa Group is consolidating IT functions,
integrating digital units such as the “Digital Hangar” and “Innovation &
Tech Factory,” and applying artificial intelligence to processes that have
traditionally involved duplicate work. These measures, developed in
consultation with employee representatives, are expected to simplify
structures, accelerate decision-making, and maximize synergies within the
Group.
Fleet renewal and strategic pillars
In parallel, the Group is continuing the largest fleet
modernization in its history, with over 230 new aircraft by 2030, including 100
long-haul aircraft. The four strategic pillars of the
Group remain:
·
Network Airlines (Lufthansa, SWISS, Austrian Airlines, Brussels
Airlines, ITA Airways) with deeper integration and stronger global demand.
·
Eurowings as a point-to-point leisure-focused carrier, with 40 new
Boeing 737-8 MAX aircraft and a growing Eurowings Holidays brand.
·
Lufthansa Technik, expanding its global footprint and developing its new
Defense division.
·
Lufthansa Cargo, investing €600 million into Frankfurt’s cargo hub while
expanding automation and digitalization.
New financial targets for 2028–2030
To support long-term value creation, Lufthansa Group
set ambitious new medium-term goals:
·
Adjusted EBIT margin of 8–10%
·
Adjusted ROCE of 15–20%
·
Adjusted Free Cash Flow of over €2.5BN per year
Dividend payouts of 20–40% of consolidated net income
remain planned, and the Group continues to target an investment grade rating
with minimum liquidity of €8–10BN to protect against future crises.
Management statement
“By 2030, Lufthansa Group will be leaner, more
digital, and more profitable,” said Group representatives at the Capital
Markets Day. “Reducing administrative overhead by 4,000 roles is a necessary
step to ensure efficiency and resilience, while continuing to invest heavily in
fleet renewal, customer experience, and sustainable growth.”
Image
Credit: © Lufthansa Group
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