Austrian Airlines said additional cost-cutting measures will be necessary owing to escalating expenses driven by the Japanese nuclear crisis, unrest in North Africa, rising fuel costs and stiff competition on many of its main routes.
Austrian Airlines 737-600. Photo: By Rob Finlayson. Austrian Airlines said additional cost-cutting measures will be necessary owing to escalating expenses driven by the Japanese nuclear crisis, unrest in North Africa, rising fuel costs and stiff competition on many of its main routes. OS predicted that the various issues will add €30 million ($42.9 million) in costs to its 2011 ledger. Austrian media reported that OS management has informed the carrier's 6,000 employees ...
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