AUA: Negotiations Failed

Published: March 13, 2012; 12:58 · (Vindobona)

Negotiations between Austrian Airline´s management and the aircrew representation ended without any concrete results. Yesterday, the workforce seemed to be willing to reach a compromise.

AUA: Negotiations Failed / Picture: © Austrian Wings Media Crew

The core part of AUA´s austerity package, the switch to cheaper collective agreements could not be finished successfully. Today, the deadline expired. So, AUA´s future is uncertain as never before.

Market observers expect that the financially stricken airline could be re-founded based on its own, more efficient subsidiary Tyrolean. Apart from the insolvency scenario, the…

This article includes a total of 256 words.

or Log In