Air Berlin Boeing 737-800. Courtesy, Air Berlin Air Berlin, which announced it would cut 900 jobs last week, now plans to reduce salaries as part of its Turbine 2013 restructuring program. The plan calls for a 10% salary cut for senior management and a 5% salary cut for all remaining employees. Turbine 2013 aims to save €400 million ($534.9 million) by the end of 2014 to stabilize the financially troubled carrier. German unions are warning that employees will not accept ...
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