Lufthansa will further reduce its aircraft fleet and jobs.

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Lufthansa, saved from bankruptcy by the German state, announced on Monday new job cuts due to a resumption of activity “clearly slower than expected,” after the absolute halt in activity caused by the coronavirus pandemic and the confinement, AFP agency reported.

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The company explained that it is losing some 500 million euros ($588 million) a month.

In addition, Lufthansa explained that it is going to give up 150 planes, against the 100 initially planned, which will mean an “increase in the surplus of jobs”, that is, job losses, in addition to the 22,000 already announced.

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The airline also announced that it will stop operating with its Airbus 380. For now, they will be “removed from the plan” of flights and will only be able to fly again if there is a “surprising” resumption of activity, the company said in a statement.

Lufthansa recorded a net loss of 3,600 million euros (4,233 million dollars) in the first half of this year.

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