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

Dr. Muna Tahlak concludes her term as President of the International Hospital Federation

Dubai, UAE, 14th November 2025, Rashid University of Medicine and Health Sciences (MBRU), has concluded…

25 minutes ago

Grayscale Reveals 20% Revenue Drop in Public IPO Filing

Crypto asset manager Grayscale Investments publicly filed for an initial public offering on Thursday, revealing…

7 hours ago

Hong Kong Advances Digital Finance with Live Tokenised Deposit Pilot

Hong Kong has initiated the next stage of its digital asset strategy, launching a pilot…

19 hours ago

CryptoPropTrader.com Launches to Bring Unprecedented Transparency to the Crypto Prop Trading Industry

Kuala Lumpur, Malaysia, 12th November 2025, ZEX PR WIRE– Today marks the official launch of…

2 days ago

Inside DSCVR AI: A Unified Social-AI-Web3 Infrastructure Powerhouse

Los Angeles, CA, 12th November 2025, ZEX PR WIRE, In the latter half of 2025,…

2 days ago

402pay.io Launches the World’s First x402-Powered Meme Token Platform on BNB Chain

Manchester, UK, 12th November 2025, ZEX PR WIRE, 402pay.io has launched the first meme-token creation…

2 days ago