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WOLFGANG PROCK SHAUER
GoAir appoints Wolfgang Prock-Shauer as its new CEOProck-Shauer, an Austrian national, was till recently a part of the management board of German airline 'airberlin', a position that he left...
Pilots mass leave illegal; HC restrains any kind of strike: JetAs many as 156 domestic and 32 international flights were cancelled by 1400 hrs, he said, adding that the airline operates a total of 380 f...
- Expats face pay cuts as companies trim costs
Multinational companies are wielding the axe on jobs with 'expat terms' as global recession forces them to cut costs. Over 200 PSUs flout a...
- Lease costs rise as airlines line up to withhold tax sop
Airlines are scrambling to sign up lease deals for aircraft to get the withholding tax exemption on lease rental income.
- Jet Airways expects shakeout in domestic industry
Prock-Shauer said that fuel cost and lower load factor were equally responsible for the losses in the first half.