Airlines
Qatar Airways, British Airways launch multi-branded credit card
The first joint Qatar Airways and British Airways co-branded credit card with IndusInd Bank in India brings benefits such as meet-and-greet service, tier fast-track and concierge service.
In a first-of-its-kind initiative, Qatar Airways Privilege Club, British Airways Executive Club and IndusInd Bank, today announced their partnership, to introduce the unique multi-branded credit card, with two leading international airlines powered by Visa.
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The multi-branded credit card is slated to be launched and made available to consumers in the first quarter of the financial year 2023 – 2024. Through this proposition, members will soon be able to collect Avios, the rewards currency for British Airways Executive Club and Qatar Airways Privilege Club, by signing up and choosing their preferred loyalty programme.
This credit card will be available in the Infinite variant of Visa, and will offer best-in-class rewards and benefits to elevate the travel experience of customers. Stacked with multiple attractive benefits suiting the requirements of frequent travellers, at the time of application, this credit card will give customers the flexibility to choose their preferred airline loyalty programme and select their preferred travel destination to collect maximum Avios and enjoy a host of other benefits.
Qatar Airways Chief Commercial Officer, Thierry Antinori, said: “Today Qatar Airways Privilege Club takes another step forward in providing our members with the best offerings in the industry, introducing a first-of-its-kind Visa multi-branded credit card, in India with IndusInd Bank.
“When adopting Avios as our rewards currency, we promised members that new and exciting opportunities would come, this collaboration with oneworld® partner British Airways is another manifestation of this. We look forward to seeing our members in India availing the extensive benefits of this new partnership, which is designed to enhance their future travels.”
Airlines
German Carrier Lufthansa Plans for 20% Job Cuts in Administration
Lufthansa Airlines is reportedly planning significant job cuts in its administrative workforce. According to Manager Magazin, the German carrier intends to reduce administrative positions by 20% as part of its cost-cutting measures amidst an anticipated decline in earnings.
This reduction could impact approximately 400 jobs, the report revealed. While Lufthansa has not directly commented on the layoffs, the airline confirmed its goal of cutting administrative costs by 20% by 2028.
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The strategy involves leveraging digital technologies, including artificial intelligence and automation. “A hiring freeze is currently in place for administrative roles at Lufthansa Airlines,” said a company spokesperson.
The staff reduction is expected to occur through natural attrition and age-related turnover, rather than forced layoffs. The internal projection cited by the magazine warns that Lufthansa could face an operating loss of €800 million ($843.92 million) by 2026 if no corrective measures are taken.
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The report highlights the challenges companies face in aligning workforce requirements with current and future demands. Failure to adapt could necessitate drastic actions, such as restructuring and layoffs, which carry significant repercussions for both the organization and its employees.
As Lufthansa navigates these challenges, the airline appears committed to balancing cost efficiency with digital transformation to maintain its competitiveness in a rapidly evolving industry.
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