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LUFTHANSA TO CUT COSTS AND RESTRUCTURE BMI AND AUSTRIAN AIRLINES

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LUFTHANSA TO CUT COSTS AND RESTRUCTURE BMI AND AUSTRIAN AIRLINES

In light of the difficult operating environment, Deutsche Lufthansa is stepping up cost cutting and restructuring at both Austrian Airlines and British Midland Airways (BMI). The move is an attempt to ensure the group achieves its full-year earnings target of a positive operating result. Austrian Ai...

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