Swiss International Air Lines’ management board to take 5% pay cut
Swiss International Air Lines said six members of its extended management board have agreed to take a 5% pay cut from July 1 until the end of 2015 in the face of continued financial difficulties. The airline said “persisting extreme difficulties,” including “very low” yields and fuel costs that “are...
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.