Austrian Airlines 737-600. By Rob Finlayson Loss-making Austrian Airlines (OS) and its crew union have failed to reach an agreement on plans to reduce labor costs as part of its $220 million restructuring program announced in January (ATW Daily News, Jan. 11). “Despite intense but fair negotiations, it has proved impossible as yet to reach an agreement over the Modernization of Collective Agreements work package,” OS CEO Jaan Albrecht said during a press conference in ...

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