Austrian Airlines will have to cut 1.100 jobs to survive

Like many other airlines, Austrian Airlines also needs state support. Negotiations take place practically every day, says Heute.

The plan for the rescue of the airline is to be set up next week. It will be difficult for the workforce and employees should stay on short-time work as long as possible.

By 2023, 1.100 of the 7.000 jobs will be cut and wages will decrease by 13 percent. If the planned cost cuts cannot be done, the path would lead to bankruptcy.

The Supervisory Board of the Austrian Lufthansa subsidiary met on Wednesday until late in the evening and encouraged the management board to pursue its restart plan with all its might.

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