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AUA: Negotiations Failed
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 Airlines / Flickr Attribution-NonCommercial-ShareAlike 2.0 Generic (CC BY-NC-SA 2.0)
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…
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