An Austrian Airlines flight departed from Vienna at 6:30 a.m. Monday for Munich, Germany, marking the company’s first scheduled passenger flight in almost three months and the lifting of travel restrictions between European Union states.
It’s good news for airlines that have suffered for months with almost no revenue, but an announcement from Lufthansa Airlines about mass layoffs is a stark reminder that the industry’s road back to financial health will be long and challenging. And while the...
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