A shake-up in the organisational structure of Lufthansa Group from January 1 has been unveiled.
The aim is to boost annual earnings by €500 million as the German business seeks to strengthen its position as a leading aviation group.
The restructure “will also raise the Lufthansa Group’s overall efficiency, reduce complexity and increase decision-making speeds”.
Layers of management will be cut from four to three and numerous changes will be made to management functions.
The move is also designed to establish and develop the new Eurowings as a secondary European brand and position it as a market-leading point-to-point airline in the group’s home markets.
No details on the impact on jobs was given in the announcement.
Chief executive, Carsten Spohr, said: “The new alignment of the Lufthansa Group that we have today resolved to adopt will strengthen our airlines and our service companies.
“And our customers will feel the tangible benefits of this, because a process-oriented organisation will be focused even more closely than before on their specific needs.
“Our new group organisation should make us more efficient and more responsive, too; and this in turn should sustainably strengthen the position of the Lufthansa Group in its various markets and business segments.”
The revamp is expected to cut the overall number of management positions by around 15%, although no specific numbers were given.