ATW Daily News
LOT Polish Airlines to cut 400 jobs by March
Friday October 9, 2009LOT Polish Airlines said it will reduce its workforce from 3,500 to 3,100 by March and has secured agreement from its unions to eliminate bonuses, moves that it claimed will save €2.4 million ($3.5 million).
Other headlines:
- 747-8 completes first flight one day shy of 41st anniversary of original 747 flight
- IATA: Airline CFOs confident demand, profitability will continue to improve
- FAA seeks comment on new pilot certification proposals
- Thai approves lease of 15 widebodies
- UPS to begin furloughing 300 pilots in May absent new agreement
- HNA Group to launch new Beijing airline
- Flight recorders recovered from downed Ethiopian 737
- Short-term improvement will not stop 'record' full-year loss at BA
- Steven Udvar-Hazy retires from ILFC
- Finnair annual loss doubles to €102 million

