February 26, 2020 / 8:47 AM / a month ago

Lufthansa announces cost savings programme over coronavirus outbreak

FILE PHOTO: A Lufthansa passenger aircraft undergoes de-icing before takeoff from Frankfurt airport, Germany, January 22, 2020. REUTERS/Ralph Orlowski

BERLIN (Reuters) - Germany’s largest airline Lufthansa announced a cost savings programme on Wednesday, including a suspension of new recruitment, to counter the business impact of the coronavirus outbreak.

"Among other things, all new hires planned for the airline ... will be reassessed, suspended or deferred to a later date," the company said in a statement bit.ly/2HT6e19, adding it was offering staff unpaid leave.

Lufthansa said it was impossible to estimate the impact of the measures on its earnings.

Reporting by Thomas Seythal, editing by Emma Thomasson

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