Find Croatia » Topics » Flights Croatia » Croatia Airlines – 90 Milion Kuna Losses in 2008

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• #15178
  
  Cro Flyer

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  90 Milion Kuna Losses of Croatia Airlines

  Following two years of doing business in the black, the Croatian national carrier Croatia Airlines has posted a loss of nearly 90 million kuna for 2008.

  It is to cut the wages of 32 senior employees and will in that way save some 1.5 million kuna and the management is to take a 15-percent pay cut, executive directors 10 percent and all other employees who have special contracts will be looking at a 5% paycut.

  #16635
  
  Solitum

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  paycuts is terrible, but is better then layoffs

  Somebody told me that the people at Croatia Airlines has high saleries compared to employees in many other branches.

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