{"id":342782,"date":"2020-03-20T12:01:12","date_gmt":"2020-03-20T06:31:12","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=342782"},"modified":"2020-03-20T12:36:19","modified_gmt":"2020-03-20T07:06:19","slug":"lufthansa-senior-management-to-take-20-pay-cut-due-to-coronavirus-crisis","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lufthansa-senior-management-to-take-20-pay-cut-due-to-coronavirus-crisis\/","title":{"rendered":"Lufthansa senior management to take 20% pay cut due to coronavirus crisis"},"content":{"rendered":"<p>Lufthansa said that the airline industry may not survive without state aid if the coronavirus pandemic lasts for a long time, as it throws everything at bringing home travellers and keeping industrial supply chains open. <\/p>\n<p>The German airline group, which has implemented drastic capacity reductions, introduced short-time working and suspended its dividend, said it was impossible to forecast the impact of coronavirus on its profitability. <\/p>\n<p>&#8220;The spread of the coronavirus has placed the entire global economy and our company as well in an unprecedented state of emergency,&#8221; CEO Carsten Spohr said in a statement. &#8220;At present, no one can foresee the consequences.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lufthansa said that the airline industry may not survive without state aid if the coronavirus pandemic lasts for a long time, as it throws everything at bringing home travellers and keeping industrial supply chains open. The German airline group, which has implemented drastic capacity reductions, introduced short-time working and suspended its dividend, said it was impossible to forecast the impact of coronavirus on its profitability. &#8220;The spread of the coronavirus has placed the entire global economy and our company as well in an unprecedented state of emergency,&#8221; CEO Carsten Spohr said in a statement. &#8220;At present, no one can foresee [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176,146,130],"tags":[],"class_list":["post-342782","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-deccan-herald-newspapers","category-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/342782","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=342782"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/342782\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=342782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=342782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=342782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}