Austrian Airlinesâ€™ survival will be decided at a Lufthansa supervisory board meeting today, after Austrianâ€™s pilots rejected a new wage deal proposed by the carrierâ€™s CEO, Jaan Albrecht. Austrianâ€™s board of directors was unable to finalize a restructuring plan that has been in the making for several months. With the pilots rejecting the deal, Austrian could now decide to move flight operations to its regional subsidiary Tyrolean in an effort to reduce staff costs. That move, however, ...
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