Tag: Cuts
NEWS Dec 31, 1969 Airbus to Cut 15,000 Jobs Amidst Covid-19 One of the largest aircraft manufacturers, Airbus, will be cutting around 15,000 jobs due to the lull in production as a result of Coronavirus. In February, they stopped production of the a320 in Asia in hopes of preventing the spread of COVID-19. Many airlines have also grounded the A380, which is now in the process of being rapidly phased out. In fact, Air France recently retired their final aircraft of the type. Read More →
NEWS Dec 31, 1969 British Airways Under Fire Due to New Employment Policies British Airways is now under fire for the way it wants to approach employment during Covid-19, which includes firing around 12,000 employees and downgrading the terms and conditions of other employees. Read More →
NEWS Dec 31, 1969 South African Airways Close to Liquidation According to multiple sources, South African Airways is nearing collapse. The carrier is currently in the process of laying off all of its staff. The move comes days after the government of South Africa cut off aid to South African Airways. Read More →
NEWS Dec 31, 1969 British Airways Cuts Jobs Due to Coronavirus Pandemic Resulting from the travel ban in the U.K., British Airways has warned it's workers that they are struggling to survive on a crisis "worse than 9/11" caused by the coronavirus epidemic. Alex Cruz, who is British Airways' chief executive wrote to some 45,000 employees informing them that the airline would be "parking aircraft in a way [they] never have before." Read More →