Parent Lufthansa has agreed to pump €140m into Austrian – but crew will be required to shift to Tyrolean T&Cs.
Staffing: Despite highly intensive and fair negotiations, it proved impossible to reach an agreement over the “Modernisation of Collective Agreements” work package for the flying staff. The measures discussed would not themselves have been sufficient to stop the automatic increase in costs from seven percent a year irrespective of the economic trend and success of the company. A transition is now being prepared to the subsidiary Tyrolean. With its cost level, Tyrolean offers a sustainable, forward-looking and competitive foundation.
Austrian Airlines receives capital for all-round renewal