Kurt Hofmann has been writing on the airline industry for 25 years. He appears frequently on Austrian, Swiss and German television and broadcasting channels to discuss issues affecting commercial aviation.
Scandinavian Airlines (SAS) has secured a SEK14.25 billion ($1.5 billion) recapitalization led by the Danish and Swedish governments along with third-largest shareholder the Knut and Alice Wallenberg Foundation.
Brussels Airlines has reached an agreement with its Worker’s Council, paving the way for the Lufthansa subsidiary to reduce its 4,000-strong workforce by a quarter as a result of the COVID-19 pandemic.
