Australian Airlines lay off employees

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Austrian Airlines need to cut further costs of about 200 million and reduces the number of job opportunities by one thousand.
“It is no easy step,” Executive Board member Andreas Bierwirth told ATWOnline. “We see the market dropping more than we expected. It is the biggest crisis in aviation and the crisis will be increasing.” Talks with unions are underway to find a solution to reach the workforce reduction. “The company needs more [cost] structure improvement, [increased] productivity and we have to get to lower labor costs to reach a level like SN Brussels or Swiss,” Bierwirth told this website during a conference call.
Talks with the trade unions have begun to find a solution to the reduction of manpower. The airline still expects that the deal with Lufthansa will be done.