Brussels Airlines, a Lufthansa subsidiary, is targeting a €100 million ($130.9 million) cost reduction in its top-down restructuring plan called “Beyond 2012-2013.” Brussels Airlines CEO Bernard Gustin told ATW he hopes to speed up the restructuring process. “Our airline has a good strategy, especially our well-established market Africa; the new route to New York JFK is doing well. But we also having problems in Europe like other carriers,” Gustin ...

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