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Lufthansa announces cost savings program over coronavirus outbreak

By REUTERS

FEBRUARY 26, 2020 10:37

Germany's largest airline Lufthansa announced a cost savings program on Wednesday, including a suspension of new recruitment, to counter the business impact of the coronavirus outbreak.

"Among other things, all new hires planned for the airline ... will be reassessed, suspended or deferred to a later date," the company said in a statement https://bit.ly/2HT6e19, adding it was offering staff unpaid leave.

Lufthansa said it was impossible to estimate the impact of the measures on its earnings.

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