The Lufthansa Group wants to solve its problems with a new organizational structure at the beginning of next year.
The goals of the renovation are more satisfied in all premium airlines and more profit, reports the “Handelsblatt” (Monday) on the basis of a internal letter available from the newspaper. The headquarters should get significantly more power. Now details of the project have been determined that the newspaper had already reported.
According to the paper, Lufthansa Airlines, Swiss, Brussels Airlines and Austrian Airlines should hand over central tasks such as control of the offer, network and sales to the group, according to the “HB”. Specifically, four so-called Group Function Boards would take care of the airport hobs as well as the topics of technology, personnel and finance. They would be led by corporate board members around CEO Carsten Spohr. A company spokesman confirmed to the “HB” that work across the group was to increase efficiency and profitability.
Lufthansa share at the highest level since the end of 2023
Lufthansa’s shares have risen to the highest level on Monday since December 2023. Around noon, the papers still noted 0.22 percent of 8.29 euros via Xetra and thus expanded their profit series to a good 35 percent in the current year. Since their intermediate low in April, the airline’s titles have even more than half.
In a first reaction, a stock dealer referred to the fact that Lufthansa delivered worse results in the second quarter than the British-Airways mother IAG and the French-Dutch Air France Klm. The implementation of the plans and the approval of the managers would be of crucial importance, since the responsibilities within the management teams are delayed, he added.
Düsseldorf (dpa-Afx)
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