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Updated:2025-01-14 03:27 Views:132
A Lufthansa airplane approaches landing at the international airport in Duesseldorf, Germany, Wednesday, Sept. 5, 2012, while the moon is seen in the background. (AP PHOTO/FRANK AUGSTEIN)
Berlin, Germany — Lufthansa plans to add 10,000 jobs in 2025, the German airline group said Wednesday, as global air traffic continues to recover following the Covid-19 pandemic.
The rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown clear signs of slowing. Coming just weeks before the presidential election, the Fed’s move also has the potential to scramble the economic landscape just as Americans prepare to vote.
By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) shed 0.27 percent, or 19.46 points, to 7,155.90.
The company said it would seek 800 pilots and 2,000 flight attendants, with technical experts, ground operations staff and administrative posts making up the additional hires.
Article continues after this advertisementThe group cut over 30,000 jobs during the pandemic and has since been hiring to rebuild capacity.
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About 1,200 people would be hired at its namesake Lufthansa Airlines, said the group, which also operates the Austrian Airlines, Swiss, Eurowings and Brussels Airlines.
Article continues after this advertisementThe new hires are nonetheless fewer than last year as the company’s business unit continues to implement an efficiency program launched last July.
house of fun 200 free spinsArticle continues after this advertisementAcross the group, 13,000 employees were hired last year, board member Michael Niggemann said.
Article continues after this advertisementAerospace is one of the few sectors in Germany likely to step up hiring this year, according to a study by the German Economic Institute (IW), a think-tank.
The Lufthansa group, which also owns the maintenance and repair firm Lufthansa Technik, employs more than 100,000 people in over 90 countries.
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