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

FBI Raids Polymarket’s Founder in Investigation Over U.S. Betting

Federal agents seized electronics from Polymarket CEO Shayne Coplan’s New York apartment early Wednesday morning,…

11 hours ago

Coinbase’s Wrapped Bitcoin Hits $1B Market Cap in Record Time

With a market value of $1 billion in just 57 days since its launch, wrapped…

1 day ago

Trade Crypto Smartly with Brezlin Estates LLC

Discover why Brezlin Estates LLC is your best choice for crypto trading. From cutting-edge tools…

2 days ago

PIDOG: The Meme Coin Set to Revolutionize the Pi Network Ecosystem

Introducing PIDOG, the meme coin that's taking the crypto world by storm, combining the playful…

2 days ago

Profit.com Launches All-in-One App for Smarter Investing

London, United Kingdom, 13th November 2024, ZEX PR WIRE, In today’s fast-paced financial markets, Profit.com…

2 days ago

Bitcoin Overtakes Silver in Market Cap, Eyes $90K with $2.8 Billion in Futures

Bitcoin has officially, albeit briefly, surpassed silver in market capitalization, making it the world’s eighth-largest…

2 days ago