June 25

More articles from the category

June 25

Lauda wants to terminate mothers and pregnant women

The first notices of termination are now being handed out at Lauda headquarters. Even pregnant women, who are actually protected, are affected. The company is suing for approval at the Korneuburg Regional Court. The parent company is simultaneously celebrating the start of 64 additional routes. While Ryanair is celebrating the start of 64 "new" routes from Vienna in a press release, notices of termination are being handed out at the headquarters of the Austrian subsidiary Lauda. The ground staff will reportedly be reduced to a small number of employees who are necessary to provide ACMI services for Ryanair. Lauda Managing Director Andreas Gruber has repeatedly made no comment on the terminations that are now actually being announced and has always referred to the early registration with the employment service made a few weeks ago and the press release from last week. On Thursday, a questionable incident is said to have occurred at Lauda headquarters, as a pregnant employee was handed a letter of termination and then asked to leave the office. Actually, this employee would be protected from dismissal by the Maternity Protection Act, but according to reports, this does not seem to have been taken so seriously. Lauda is also suing the Korneuburg Regional Court for approval of dismissal in at least 25 other cases that fall under the Maternity Protection Act. These are pregnant women and women on maternity leave who are part of the flight crew. In the "first wave of dismissals", at least 15 Lauda employees at the head office in Schwechat are said to have been "affected". They were released from work with immediate effect. Various professional groups are affected, and the Austrian Ryanair subsidiary even parted ways with the press office. Pregnant women and women on maternity leave are to be dismissed The

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Michael O'Leary: "Ryanair sues against Lufthansa state aid"

Michael O'Leary, CEO of Ryanair Holdings PLC, which owns the operating airlines Lauda, ​​Malta Air, Buzz, Ryanair DAC and Ryanair UK, announced on Thursday that he would be suing the EU Commission for its competitor Lufthansa for its bailout. The group intends to take the case to the European Court of Justice. "This is a spectacular case of a rich EU member state ignoring EU treaties to the benefit of its national industry and to the detriment of poorer countries. Under the pretext of Covid-19, the German government is granting Lufthansa a nine billion euro bailout package that, according to the CEO, is not needed at all. In clear violation of European competition rules, Berlin is wasting huge amounts of taxpayers' money to prop up an uncompetitive airline that should be getting its own house in order instead of running to the government again for help. These and other bailouts will have a more devastating long-term impact on the future of European aviation than the pandemic itself. This bailout money is being used to drive smaller competitors out of the market, just as Lufthansa's appalling record of anti-competitive behaviour is. Just last week, the Italian press reported that Lufthansa's Air Dolomiti had "joined forces against low-cost carriers" with three other airlines to introduce minimum fares. This follows reports that Austrian Airlines, also owned by Lufthansa, is preparing to set a minimum fare of 40 euros. In addition to coordinating a state-sponsored pricing cartel, Lufthansa is threatening to shut down smaller national airlines within the Lufthansa group as if they were its Belgian, Austrian and Swiss hostages unless the

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Weeze receives six million euros from the district and municipality

The district and the municipality of Weeze will help Niederrhein Airport out of the Corona crisis with six million euros. The public sector is providing financial support to Weeze Regional Airport due to the Corona crisis. The district council decided on Wednesday to provide the necessary financial resources in a non-public vote, reports the Rheinische Post. According to information from the daily newspaper, the originally planned 3,12 million was increased by 2,22 million euros to 5,34 million euros. The municipality of Weeze is contributing around 700.000 euros, so that the total volume is six million euros. The public sector is financing the aid for the airport through loans that are taken out.

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Easyjet announces capital increase

By issuing new shares and through sale-and-leaseback transactions, Easyjet aims to improve liquidity from around 2,4 billion pounds sterling to three billion pounds sterling. British low-cost airline Easyjet posted a loss of 353 million pounds sterling in the first half of the current financial year. The reporting date is March 31, 2020, which means that the reported figures were achieved before the significant impact of the corona pandemic. Sales increased by 2020 percent to 1,6 billion pounds sterling by the end of March 2,382. The management board did not provide a forecast for the year as a whole, citing the unclear situation regarding the corona pandemic. A capital increase will also be carried out. Easyjet is issuing new ordinary shares of 27 2/7 pence each. In total, just under 15 percent of the existing capital will be offered. With this measure, the orange budget airline wants to raise around 400 to 500 million pounds sterling on the financial market. The funds are to be used to support the group. The annual general meeting is to decide on this step on July 14, 2020. Easyjet also wants to improve its financial situation through sale-and-leaseback deals. In total, Easyjet wants to monetize 15 aircraft through sale-and-leaseback. These are two A321neos, three A320neos, three A320ceos and seven A319ceos. Binding contracts have already been concluded with SMBC Aviation, JP Lease and Aero Capital Solutions for this purpose. The carrier estimates the volume at 301 million pounds sterling. In total, the deals are expected to bring in up to 560 million pounds sterling. Negotiations are currently underway for a further eight Airbus A320neos, which will also lead to a sale or sale-and-leaseback.

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Brussels approves Lufthansa rescue package

Brussels has given the green light, subject to conditions, to the state rescue package for Lufthansa. Now only the approval of the shareholders is pending. On Thursday morning, the competition watchdogs of the EU Commission gave the green light to the rescue package that Germany has put together for Lufthansa. Now only the approval by the shareholders is pending, although according to the current information this should only be a formality. According to the EU Commission, the aid package for Lufthansa is tied to various conditions. Among other things, no competitors may be bought up until further notice and no dividends may be paid to shareholders. In Frankfurt am Main and Munich, slots must be given to competitors.

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Austria issues travel warning for NRW

Following the Tönnies scandal and the associated "lockdown" ordered by two German districts, the Austrian Foreign Ministry has now issued a level 5 travel warning for the federal state of North Rhine-Westphalia. As a result of more than 1.500 positive corona cases being identified among employees of the meat products manufacturer Tönnies and two districts having already imposed a "lockdown", Austria's Foreign Ministry issued a partial level 5 travel warning for the German federal state of North Rhine-Westphalia on Thursday. Austria is thus warning against travel to the affected region of Germany and is calling on Austrians who are there to return to their home country. Meanwhile, neither the Republic of Austria nor the Federal Republic of Germany have made any changes to the entry regulations. The Austrian side has also not yet issued a landing ban for passenger flights departing from North Rhine-Westphalia. The domestic authorities are currently monitoring the situation in the neighboring country.

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Qantas phased out Boeing 747-400

The 12 Airbus A380s could be reinstated in three years at the earliest. Meanwhile, the company has to lay off 6.000 employees. Oneworld member Qantas announced on Thursday that around 6.000 jobs would have to be cut due to the Corona crisis. Company boss Alan Joyce is quoted in a press release as saying that the carrier will become a smaller airline in the short term. Australia only decided a few days ago that the borders would remain largely closed at least until the end of the year. International flights will also be largely banned for several months. The only hope is that an agreement can be concluded with New Zealand that allows free travel. This has dramatic consequences for Qantas and other airlines on the continent. The Oneworld member will have to keep at least 100 aircraft on the ground for about a year. The Boeing 747-400 aircraft will leave the fleet early and will not return to scheduled service. The 12 Airbus A380s have already been parked in the desert and reactivation is unclear. According to a press release, this could happen in three years at the earliest.

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Vouchers: Eurowings suffers defeat in court

Passengers do not have to be fobbed off with "compulsory vouchers". For a "surcharge" of 175 euros, Eurowings was legally "made aware" of this by the Nürtingen District Court. The airline Eurowings was legally ordered by the Nürtingen District Court to refund a ticket. Previously, the carrier had only offered the affected traveler a voucher, which he did not accept, but took the matter to court with the help of EU Flight. Like many other airlines, Eurowings speculated that a binding "voucher solution" for flight tickets would be created at EU level. The German federal government campaigned for this, but the EU Commission rejected the proposal and repeatedly made it clear that even in times of Corona, travelers are entitled to a full refund of the ticket in accordance with Art. 8 EU Regulation 261/2004. Vouchers expressly do not have to be accepted by travelers. According to reports by the news magazine “Der Spiegel”, the case that ended up before the Nürtingen District Court involved a cancellation on April 6, 2020 on the Stuttgart-Budapest route. The passenger did not receive a refund of around 75 euros, but Eurowings only offered a voucher. Even after an express refusal, the Lufthansa subsidiary did not pay the flight price. The person concerned went to court with the help of EU Flight. The Nürtingen District Court sentenced the defendant, Eurowings, to pay the ticket price of 75,99 euros plus procedural costs of 175 euros without an oral hearing. The judgment is now final. A spokesman for the airline explained to “Spiegel” that the refund request was originally rejected and the passenger was offered rebooking or a voucher.

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