The Lufthansa Group has outlined plans to eliminate approximately 4,000 jobs worldwide through efficiency measures.
The reductions are to be carried out by 2030, with most affecting administrative staff in Germany. The group will review overlapping functions through cooperation among its group companies. It also aims to boost efficiency by advancing digitalization and the use of artificial intelligence.
For 2028–2030, the group targets an adjusted EBIT margin of 8–10%, an adjusted pre-tax ROCE of 15–20%, and adjusted free cash flow of more than EUR 2.5 billion per year. It will maintain its existing dividend payout ratio policy of 20–40%.
The company also aims to increase the number of active members in its Miles & More loyalty program by 50% by 2030. It has added Deutsche Bank as a new credit card partner and entered into a strategic partnership with Marriott Bonvoy. More than 230 new aircraft are to be introduced by 2030 to improve profitability.
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