Ryanair’s Austrian airline Lauda on Friday said it would shut down its main Vienna base on May 29 with the loss of more than 300 jobs in Austria after it did not manage to agree new labour contracts with the union.
Ryanair CEO Michael O’Leary said earlier in May that the group would shut down the main Vienna base of Lauda and bring in Ryanair jets instead unless staff agreed to a pay cut and a new labour agreement.
Austria’s Vida union had refused to agree to Lauda’s contract proposals as it said they would hit some staff hard. The union was not immediately available for comment on Friday.
Ryanair bought the Austrian airline from Former Formula One racing champion Niki Lauda in 2018 as part of a move to a broader structure with several airline brands.
Lauda’s Vienna base hosts 15 of the airline’s 30 A320s. O’Leary has said he planned to keep Lauda’s other bases in Stuttgart, Dusseldorf and Palma open.
Via Reuters
Gylfi Geirsson and Sigurbjorn Svavarsson cut British fishing trawl wires and dodged Royal Navy frigates on board small Icelandic coastguard vessels 50 years ago, using guerrilla-like ta...
U.S. President Donald Trump renamed Lake Ontario "Lake America" on Thursday, escalating a feud with Canada that has already spawned tariffs on tens of billions of dollars in cross-borde...
Morning Briefing
Yorgen Fenech defence closes as prosecution begins final submissions
The defence in Yorgen Fenech’s trial by jury closed its case on Wednesday after calling three ...
Morning Briefing
Defence tells jurors ‘all roads lead to Keith Schembri’
Defence lawyer Charles Mercieca has urged jurors in Yorgen Fenech’s trial to acquit his client if they have...
The European Commission has unveiled an ambitious package of tax reforms aimed at simplifying tax rules across the European Union, reducing compliance burdens for businesses and strength...
The European Union's new Migration and Asylum Pact enters into force on 12 June, ushering in the most significant reform of the bloc's migration framework in years and placing renewed em...
LEGO has reported another strong financial performance, with first-half revenue rising 21% to a record DKK 41.9 billion, equivalent to around $6.54 billion.
The Danish toy group said ...
Samsung has been ordered to pay Swatch Group $11.6 million after London’s High Court found that digital watch faces available through its app store infringed trademarks belonging to the ...
Artificial intelligence has already transformed industries such as finance and education, but one of its most important tests may come in medicine: discovering new drugs.
Pharmaceutic...
Malta’s new pay transparency regulations, which came into effect on the 5th of June, aim to strengthen fairness and equality in the workplace, but employers are warning that the rushed i...
The autonomous bus project in Gozo commenced its public testing phase after the completion of the commissioning phase, marking another important milestone in the rollout of this innovati...
By Joseph Bugeja, Chairman of ATTO
Malta’s logistics operators and consumers are already experiencing the economic impact of the European Union’s Emissions Trading System (ETS). The r...
President Donald Trump announced late Saturday that he had called off planned U.S. strikes on Iran, saying renewed negotiations had raised hopes of easing the conflict and reopening ship...
Gulf states have backed a proposal aimed at reducing disruption to global oil trade by allowing Iran to collect voluntary fees from ships using the Strait of Hormuz, according to sources...
At least 32 people have been killed and more than 700 injured after two powerful earthquakes — measuring 7.2 and 7.5 — struck central Venezuela seconds apart, causing widespread destruct...
Thousands of Cuban security personnel have begun leaving Caracas after nearly two decades in Venezuela, as Washington ramps up efforts to dismantle the long standing alliance between the...
Ukraine wants peace but will not just give in to Russia at any price, President Volodymyr Zelenskiy said on Monday in a defiant speech marking Independence Day celebrations.
British...
Russia is open to listening to new proposals on how to reach a settlement on the Ukraine conflict, a senior Russian diplomat said, but any proposals should reflect the "realities on the...
