Lufthansa plans to announce details of an expanded cost savings program by the end of the month that could extend the current €300 million ($419.2 million) target "to up to €1 billion," a source close to LH management told ATWOnline. The measures are intended to be sustainable in order to secure future profits, with part of the increased savings scheduled to be achieved this year and the remainder over the next 2-3 years (ATWOnline, June 26). Short-time work is expected to be ...

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