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Articles tagged “austrian airlines”

Coronavirus

Lufthansa Subsidiary Austrian Airlines Expects to Be 20 Percent Smaller by 2022

Part of Austrian Airlines' plans to shrink in size is, of course, a workforce reduction. More than 1,000 employees will lose their jobs in more pain for the global airline industry.

Michael Shields, Reuters | 4 years ago

Lufthansa Subsidiary Austrian Airlines Expects to Be 20 Percent Smaller by 2022

Airlines

Lufthansa to Step Up Restructuring After Posting a $2.35 Billion Loss

Restructuring won't be easy, and the process of paying off its latest debts won't be helped by numbers like the $1 billion hit from fuel hedging contracts. There's a long road ahead for the group.

Ludwig Burger, Reuters | 4 years ago

Lufthansa to Step Up Restructuring After Posting a $2.35 Billion Loss

Airlines

Lufthansa Aims to Finalize $11 Billion Rescue Package Next Week

This proposed rescue package is one of the biggest yet in the aviation sector, but with the call for help spread out across four countries and Ryanair's Michael O'Leary threatening to sue some governments over this kind of aid, it's far from a done deal.

Klaus Lauer, Patricia Uhlig and Arno Schuetze, Reuters | 4 years ago

Lufthansa Aims to Finalize $11 Billion Rescue Package Next Week

SkiftX

Best Travel Ads This Week: Real-Life Experiences That Pop Online

Travel brands are particularly well-positioned for real-life ambient marketing that portray experiences better than a staid graphic ad.

Samantha Shankman, Skift | 10 years ago

Best Travel Ads This Week: Real-Life Experiences That Pop Online