Tag: cost savings

Airberlin Insists Its Business Is Doing Better Than Earlier

Reading Time: < 1 minute Airberlin is on a path to recovery and should be able to show results soon, the airline’s CEO Thomas Winkelmann has said in a statement to the press. “We had made a preliminary application for a surety as part of management’s pre-emptive strategy of investigating all restructuring options for airberlin. However, we have at no […]

Cathay Pacific Reportedly Set For Overhaul

Reading Time: < 1 minute Hong Kong flag carrier Cathay Pacific is reportedly preparing for a business overhaul that could include job cuts, cost savings and shifting flights to its short-haul unit Cathay Dragon. Details of a major business review and a plan to stand up to increasing competition from Chinese and Gulf airlines as well as low-cost carriers will […]