Austrian Airlines (OS) has concluded the planned transfer of the company’s flight operations into its subsidiary, Tyrolean Airways, to take place after July 1, as part of its $220 million restructuring program (ATW Daily News, Jan. 11). CEO Jaan Albrecht said the transfer “releases OS from inherited structural burdens” so the carrier can be more competitive. According to a statement, nothing will change for the company’s 600 pilots and 1,500 flight attendants ...

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