Austrian Airlines looks to make additional cuts

Austrian Airlines Group may have to extend its cost-cutting program aimed at reducing spending by €225 million ($314 million) and will look for additional savings by lowering capacity and expanding work-hr. reductions among other actions, Executive Board member Peter Malanik told ATWOnline. The...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.