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Unions Protest Against AUA´s Plans
People ♦
Published: January 12, 2012; 12:44 ♦ (Vindobona)
Austrian trade unions are strictly against new austerity measures at Austrian Airlines. Management wants to negotiate over new collective agreements.
Unions Protest Against AUA´s Plans / Picture: © Vindobona.org
The new CEO of AUA, Jaan Albrecht, is forced to cut expenses further. In 2011, the turnaround could not be reached. AUA´s holding company, German Lufthansa, becomes impatient with AUA´s restructuring. For Albrecht, the cost structure of AUA is not competitive, Above all, personnel costs would be too high, as wages and salaries would rise automatically.
In 2011, losses reached…
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