Austrian Airlines Group, which is being acquired by Lufthansa (see item above), announced that it will reduce its management staff by approximately 45% from 347 currently, including cutting the number of VPs from 24 to 14. Together with 14 senior directors "who manage the staff functions and a number of selected specialist divisions," they will make up the top management of the group. "By taking this step, we are creating more efficient structures and simplifying our decision-making ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.