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Lufthansa Group Announces Job Cuts and Strategic Plans for Future Growth

Lufthansa Group revealed plans to cut 4,000 jobs by 2030 through the use of artificial intelligence, digitalization, and consolidating work among member airlines. The focus of the job cuts will mainly be on administrative roles, with the goal of increasing efficiency across business areas. The company stated that these changes are necessary due to the rapid advancements in digitalization and artificial intelligence.

Despite the job cuts, Lufthansa Group reported strong demand for air travel and predicted stronger profits in the years ahead. The company is preparing for the largest fleet modernization in its history, adding over 230 new aircraft by 2030, including 100 long-haul planes. With a focus on increased profitability and efficiency, Lufthansa Group aims to navigate the challenges of a tight market and stretched supply chains for planes and engines.