spitfire on fire
20th Jan 2003, 14:51
Cargolux faces turmoil with its pilots after fooling around more than 2 years of negotiations.
Clinch over unsolved pension issue and pilot insurances will shake Cargolux.
Despite a new CEO has been appointed, situation has not been improved. On top 30% of available shares goes to Chinese Investment Group. 55 million USD profit in year 2002!
Bright future can be compromised and disrupted by bad management decision. Owners are not aware of internal problems arising in flight operations.
spit
:eek: :confused: :(
Clinch over unsolved pension issue and pilot insurances will shake Cargolux.
Despite a new CEO has been appointed, situation has not been improved. On top 30% of available shares goes to Chinese Investment Group. 55 million USD profit in year 2002!
Bright future can be compromised and disrupted by bad management decision. Owners are not aware of internal problems arising in flight operations.
spit
:eek: :confused: :(