German airline Lufthansa will significantly reduce the number of jobs

German airline Lufthansa in the austerity program aims to reduce next year around the world 3.5 million jobs.

"Save the majority of jobs for a long time and we will be able to create new only if you are currently on will build a new administrative functions and carry out the cuts," — said the head of the concern Christoph Franz.

Due to financial difficulties in the first quarter of 2012, the company lost 381 million euros — loss was two times more than last year. Turnover for the first quarter amounted to 6.6 billion euros, in the future, the company plans to increase this figure to 1.5 billion

Deutsche Lufthansa AG — the flag carrier of Germany and the largest airline in Europe and the fifth in the world by number of passengers carried. The company occupies 245th place in the Fortune Global 500 (2011).

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