Lufthansa Technik Switzerland (LTSW) will undergo extensive restructuring and reduce its workforce from 304 to 82, LHT in Hamburg said. "The job cuts associated with the restructuring decision are extremely painful for us," said CEO Rainer Lindau in a statement. "But only a rigorous focus on one core product will create conditions that ensure the continued existence of LTSW in Basel (BSL)." According to LTSW, the labor-intensive technical maintenance of VIP aircraft ...

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