ft.com
Airlines in Europe are freezing recruitment and investment in an emergency effort to protect profitability as the coronavirus spreads rapidly around the world, hitting passenger demand. Dutch carrier KLM, part of the Air France-KLM group, is delaying investment in IT and real estate projects, slashing travel expenditure and cutting back on hiring staff. German airline group Lufthansa also announced plans on Wednesday for a hiring freeze, offering unpaid leave to employees and more part-time wor…
almost 6 years ago