Deutsche Lufthansa AG will cut 29,000 jobs by the end of the year, keeping 109,000 workers in its workforce, German tabloid newspaper Bild am Sonntag reported on Sunday. According to the details, the German airline will cut another 10,000 jobs in its home country next year as it struggles to cope with the coronavirus. Lufthansa would cut 20,000 jobs outside of Germany, while it is also selling its catering unit LSG, which employs 7,500 people, bringing the total staff down to 109,000. The airline and its subsidiaries, Eurowings, Swiss, Austrian and Brussels Airlines, have slashed their schedules, fleet and staff, with air travel not expected to recover to pre-pandemic levels before 2025. Next year, a further 10,000 jobs will be cut in Germany. It has already burned through 3 billion euros ($3.64 billion) of the 9-billion-euro government bailout it secured earlier in the year, the paper said. Read also: ICAO leader statement for International Civil Aviation Day A formal announcement is expected on Monday (today). That letter sent in October by the Lufthansa board to its employees said the aviation environment was unclear and difficult to predict. “No one can reliably predict these effects. We are determined nevertheless to preserve at … Continue reading Lufthansa expected to cut 30,000 jobs by year’s end