SUBSCRIBERS
Lufthansa CEO eyes pay cuts for Air Berlin crew in rescue plan
Published Sun, Aug 20, 2017 · 09:50 PM
Frankfurt
DEUTSCHE Lufthansa AG chief executive officer Carsten Spohr is ready to welcome large numbers of employees from insolvent competitor Air Berlin Plc to build up his airline's Eurowings unit, promoting his company as a safe haven for jobs - albeit with concessions.
"Those of you who have worked with Air Berlin crews know it: These are top people, and we'll be very glad to get as many a…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Boeing bid for Spirit AeroSystems hits snag over Airbus assets
Tesla to cut 400 jobs in Germany via voluntary programme
GE Aerospace raises earnings goal on strong engine sales
UPS profit beats estimates as cost cuts offset weak delivery demand
General Motors beats quarterly results targets, raises forecast
‘Heavy congestion’ in South-east Asia transhipment ports prompts feeder operators to levy surcharge