Categories: Business

Airlines – Condor and Austrian Airlines from economy

The holiday airline Condor will emphasize, in the words of company boss Ralf Teckentrup, due to the corona crisis, up to 25 percent of its jobs. That would be up to 1000, said Teckentrup the Frankfurter Allgemeine Sunday Newspaper. He expressed the view that the Corona of a pandemic-related crisis in the air travel industry will take until 2024. Condor is held by around half a billion euros in financial assistance from the state alive. Also, the Corona-crisis hard-hit Lufthansa subsidiary Austrian Airlines, wants to cut jobs. By 2022, the workforce will be reduced from currently 7000 employees around 1100, said CEO Alexis von Hoensbroech of the Austrian newspaper The Standard. The airline plane short-time work for two years. In this period, the dismissals are not possible. Then, the removal can be managed largely through normal staff turnover, so Hoensbroech. Also, Austrian Airlines receives state money; Austria granted crisis aid of more than 450 million euros.

Jerry Rolon

After working for 7 years as a Internet Marketer, Jerry now aims to explore the journalistic side of Internet. With his impeccable knowledge in this domain, he churns out some of the best news articles from the internet niche. With respect to acedamics, Jerry earned a degree in business from California State University.

Recent Posts

U-topia Launches Public Beta as Global Builders Gather for U-Hackathon

Financial technology company opens its app in more than 50 countries during FLOW Summit as…

5 days ago

From Karmayogi to the World Stage: Dr. Hemant Garg Wins “Excellence in AI for Public Policy”, Charts India’s Path to the AI Big League

Civil servant, researcher and AI pioneer tells the 3rd World AI Summit, Bengaluru, that people-first,…

5 days ago

CentFX Honored with the Most Trusted Liquidity Provider Award at Forex Expo Dubai 2026

Recognition closes two days of live trading sessions and partner meetings at Booth 081, Dubai…

2 weeks ago

RWA WEEK Singapore Announces New Wave of Institutional Speakers as October Event Draws Closer

Singapore, October 6, 2026 — With less than a month to go until RWA WEEK…

2 weeks ago

PropLaunch Partners with Axcera and RUBIK to Simplify Prop Firm Launches

Partnership combines operating support, technology infrastructure and specialist risk expertise for entrepreneurs launching proprietary trading…

2 weeks ago

ND SATCOM’s SKYWAN Technology Named “Government Solution of the Year” at SSGS 2026

Award recognizes SKYWAN’s role in delivering secure and resilient satellite communications for government and mission-critical…

2 weeks ago