Japan Airlines (JAL) said on Tuesday that it would slash 6,800 jobs and pursue a tie-up with a foreign carrier in a bid to return to profit in the face of severe turbulence unleashed by the global recession.
Source: AFP
NetJets Inc., the unprofitable plane-leasing unit owned by Warren Buffett’s Berkshire Hathaway Inc., is cutting more than 300 jobs after replacing its chief executive officer.
“Severe economic conditions facing the aviation industry” have reduced demand for flights, Columbus, Ohio-based NetJets said today in an e-mailed statement. Ted Lowen, a spokesman for NetJets, said the cuts could affect as many as 350 employees. The company said the reduction involves about 5 percent of staff, which was about 8,000 at the end of 2008.
Source: Bloomberg
Japan Airlines Corp, restructuring under state supervision, is likely to tap financial institutions for around 170 billion yen in additional loans while considering cutting more than 1,000 jobs through an early retirement program after October, sources familiar with the matter said Wednesday.
Source: JapanToday
Air France said Friday it was about to launch a voluntary redundancy scheme to shed 1,500 jobs due to a decline in both passenger and cargo business.
Source: Asia One
Midwest Airlines Inc. is laying off 59 more flight crew members as the Oak Creek-based carrier continues to replace Boeing 717 jets with jets operated by Midwest’s new owner, Republic Airways Holdings Inc.
Source: JSOnline
American Airlines will layoff 228 flight attendants in October, the company announced Tuesday.
American had warned flight attendants that more than 1,200 could be furloughed as the airline cuts back on flights this fall. But the airline was able to reduce the number of involuntary job reductions.
Source: NBC DFW
American Airlines may cut up to 23 airport services positions at Los Angeles International airport, according to a government notice the company filed in California today.
The workforce reduction is a result of the capacity cuts the Fort Worth-based carrier is making to its fall schedule and had previously announced in June. The notices were sent to 289 workers at LAX that could be affected by the job cuts.
Source: StarTelegram
BAE Systems said Thursday it could cut as many as 225 jobs, or 14 percent of its local work force, this fall because of the slow economy and changes in federal defense priorities that have reduced demand for its commercial aviation and electronics products.
Source: PressConnects.com
Flag carrier Philippine Airlines (PAL) may slash more than a third of its 8,000-strong workforce and outsource parts of the business to cope with a sharp decline in travel demand, its president said on Thursday.
Source: Reuters
(Canada, N.S.): Only weeks after landing a lucrative contract to build components for the military’s new fleet of helicopters, IMP Aerospace Components is laying off 10 per cent of its workforce.
The Amherst, N.S., company informed the union this week of its plan to cut 30 employees.
Source: TheTruroDailyNews
Delta CEO Richard Anderson said late Thursday in a recorded message to employees that the airline would eliminate salaried jobs beyond the 2,000 management and administrative positions eliminated through voluntary buyouts over the past 18 months.
About 1,700 jobs are to be cut at Continental Airlines Inc., which on Tuesday reported an increased second-quarter loss.
Source: Pacific Business News (Honolulu)
A small number of Delta Air Lines Inc. pilots — just 215 — have agreed to retire as part of a company incentive program designed to reduce the number of pilots to cut costs. Of 12,379 pilots at Delta, some 9,400 were eligible to participate.
Source: CNBC, AP
~News submitted by upthecreek
US Airways Group Inc., the smallest full-fare U.S. carrier, will eliminate 600 airport service and baggage-handling jobs to pare costs after the peak summer travel season ends in September.
Source: Bloomberg
British Airways PLC announced Friday it will ground aircraft, slash seat numbers and postpone taking delivery of a dozen new Airbus A380 superjumbos as it faces a recession-driven decline in passengers. British Airways, which employs 40,000 people, is looking to cut 2,000 flight attendants and 1,500 ground workers.
Source: GoogleNews, AP
Finnish national carrier Finnair Oyj will this week start talks with staff over cost saving plans which could include up to 1,200 job cuts, the company said on Wednesday.
Like other airlines, Finnair has been hit hard in the recession as people fly less. The company has cut capacity and jobs as a result, saying in late April over 6,000 staff were affected by temporary lay-offs alone.
Source: Reuters
Boeing is handing out another 300 layoff notices. About 100 of Friday’s 60-day warnings are in the Commercial Airplanes division in the Puget Sound area.
Source: CNBC, AP
~News submitted by upthecreek
Air France-KLM, Europe’s biggest airline, on Tuesday announced losses of 814 million euros (1.1 billion dollars) for the 2008-2009 fiscal year and said it would have to cut 2,700 jobs.
Air France-KLM employs around 104,000 people and has been hit hard by the economic crisis that has affected much of the global airline industry.
Source: AFP
India’s airlines, in a slump, are sending the following message to the cockpit: Foreign pilots, go home.
It’s an abrupt turnaround from the past several years, when Western pilots looked to growing markets like India as saviors for their profession. While carriers in the U.S. and Europe struggled with the aftermath of the Sept. 11 attacks, India was opening its skies to new domestic carriers — and hiring hundreds of foreign pilots to fill the new planes with experienced fliers.
Source: The Wall Street Journal
According to The Wichita Eagle: “Cessna Aircraft is planning to hand out 60-day layoff notices Wednesday to perhaps as many as 2,800 people, sources said this week.”
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