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TUI plans cost reduction plan and arrival of new aircraft

Hannover, Germany - Workers will be asked to accept pay freeze and early retirements

The German group TUI, which operates in the tourism and travel sector, means to start a massive cost reduction plan for TUIfly, the carrier of the holding: Munich-based newspaper "Sueddeutsche Zeitung" reports it, citing unnamed sources. The plan, which has been dubbed "Max Thrust", aims to achieve savings of up to 65 million Euros per year. Starting from May the company will reconfigure its aircraft...

AVIONEWS - World Aeronautical Press Agency - 1157576
Rome, Italy, 01/14/2014 11:05
AVIONEWS - World Aeronautical Press Agency

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