Lufthansa (Frankfurt) is taking extreme actions for a growing financial crisis for European airlines. The flag carrier will eliminate 3,500 administrative jobs.

The Lufthansa Group reported a net loss of $496.5 million in the first quarter.

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Copyright Photo: Gerd Beilfuss. LH’s first Boeing 747-830 (D-ABYA) makes a visit for the first time to Hamburg. After the handover at Boeing’s manufacturing facility in Everett, Washington, the new “Jumbo” with the registration D-ABYA performed a touch and go at Hamburg Airport, where Lufthansa Technik is based, before flying on to its future home base in Frankfurt, where it landed safely on May 2.

On June 1, the world’s first passenger flight with a Boeing 747-8 aircraft will depart from Frankfurt as flight LH 418 bound for Washington Dulles International Airport.

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