Brussels Airlines is planning to cut 1,000 jobs or 25% of its workforce. coronavirus
BRUSSELS AIRLINES. A Brussels Airlines plane taking off in Russia. Photo from Shutterstock
BRUSSELS, Belgium – Belgium's biggest carrier Brussels Airlines, hammered by the collapse in travel due to the"The extremely negative impact of the coronavirus crisis on the company's financials and the ongoing very low demand for air travel urge Brussels Airlines to take substantial and indispensable measures to guarantee the survival of the company," the airline, which is owned by German flag carrierThe recovery path unveiled by the company also includes a fleet reduction of...
"The overall size of the company, and consequently its workforce, will be reduced by 25%," Brussels Airlines said, adding that it would"work with its social partners to reduce the number of forced redundancies to an absolute minimum." The company, born in 2002 from the ashes of Belgium's historic carrier Sabena, said it hopes to"develop profitably as soon as demand for air transport has returned to a new normal, which is expected from 2023."
Since March 21 and the temporary suspension of all its flights, the company"is losing one million euros a day due to loss of revenue and costs that cannot be avoided, such as the leasing and maintenance costs of its aircraft."
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