Lufthansa is moving forward with its effort to achieve €1 billion ($1.4 billion) in cost savings through the end of 2011, according to an internal letter to employees sent by Lufthansa Passenger Airlines Chairman and CEO Cristoph Franz. Flagged by ATWOnline early last week (ATWOnline, July 7), the program, designed to maintain the company's profitability into the future, is called Climb 2011. An LH spokesperson confirmed the target to this website, saying the goal is "to have the new ...
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