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.
Ryanair subsidiary Laudamotion—Austria’s second largest airline behind Austrian Airlines—confirmed May 22 that its Airbus A320 base in Vienna will close on May 29 with the loss of over 300 pilot and cabin crew jobs as no collective labor agreement (CLA) with trade union Vida had been signed.
Lufthansa subsidiary Austrian Airlines has taken the next steps to receive €767 million ($833 million) in financial assistance from the state to survive the COVID-19 crisis.
Ryanair subsidiary Laudamotion has issued an ultimatum to its trade union Vida to sign the new collective labor agreement (CLA) within 24 hours, but talks could fail.
