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[ Airports ]November 12, 2020 6:05 am ET

By John McDermott

Lufthansa Presents Cost-Cutting Plan to Ground Staff

German flag-carrier Lufthansa has reached a preliminary 200 million euro ($237 million) savings deal with Verdi, the union that represents ground staff at the airline, Reuters reports. The deal applies to roughly 24,000 staff at Lufthansa, Lufthansa Technik and Lufthansa Cargo. The deal will waive Christmas and vacation bonuses, continue…

[ Airports ]September 16, 2020 5:00 am ET

By Taylor Rains

Delta Air Lines Will Not Furlough Flight Attendants or Ground…

In a memo released Tuesday, Delta Air Lines CEO Ed Bastian announced there would be no involuntary flight attendant or ground staff furloughs come Oct. 1. Bastian explained that these jobs were saved by the thousands of employees who volunteered to take unpaid time off, opt for early retirement or…