EMCC European Monitoring Centre on Change

Deutsche Lufthansa AG

Company/Organisation:
Deutsche Lufthansa AG

Geographic Location

Country: Germany

Company

Sector: Transportation / storage
Transportation and storage
51 - Air transport

Employment Effects

Announcement Date: 08-03-2007
Type of Restructuring: Business expansion
Foreseen End Date: 31-12-2007
Planned Job Creation: 3000

Additional Information

On 8 March 2007 Wolfgang Mayrhuber, chairman of the board of Deutsche Lufthansa AG announced the creation of 3,000 new jobs until the end of 2007. The aviation group stated in a press conference that in 2006 revenue increased by almost 10% to reach 19.8 billion Euro and it is seeking to continue this growth trend. Creating new jobs is part of the business expansion strategy of Lufthansa. The company currently employs 94,510 employees worldwide.