Lufthansa could cut more planes and jobs than planned: Report

German airline Lufthansa could cut its fleet by 130 planes in response to the coronavirus crisis, two people familiar with the matter said.

Such a cut would mean a reduction of at least 30 planes more than the recently bailed-out airline had planned previously.

Lufthansa Chief Executive Carsten Spohr informed staff on Monday that the airline’s management would make a decision about the move in the coming week, the people told Reuters.

The number of workers at Lufthansa, which stood at around 140,000 before the coronavirus crisis hit the airline sector, is likely to have to be reduced by a fifth, the sources said.