Austria has agreed a 450 million euro bailout for the group that will protect Vienna as a transit hub and safeguard “the bulk” of the flag carrier’s jobs, the government said on Monday.
“We are planning two years of short-time work, there can be no layoffs for that long, and we assume that we will achieve a large part of the reduction by 2022 through fluctuation,” he said in the interview released at the weekend.
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