Job Market Monitor
Airline
Qantas – As many as 300 pilots could be laid off
Qantas has started a major pilot redundancy program for the first time in decades that will ultimately target as many as 300 pilots it believes are excess to the financially troubled and shrinking airline’s needs. The company has not specified how many jobs it will target in the first round, but it is believed to … Continue reading
Airlines Workers / Iberia to slash pilots salaries by at least 14% as Alitalia avoids 1,900 layoffs
Spanish flag carrier Iberia said Wednesday it had reached a deal with its pilots to slash their salaries by at least 14 percent, part of its bid to return to profit. Iberia’s roughly 1,400 pilots will see their salaries reduced by 14 percent, and possibly by another 4.0 percent depending on the airline’s profitability, under … Continue reading
Qantas / To slash 1,000 jobs
Lower demand, a strong Australian dollar and steep fuel costs have put pressure on the airline and Qantas said conditions were expected to remain volatile next year. The airline expects to post pre-tax losses of between 250 million (£138m) and 300 million dollars (£165.5m) for the six months to December 31. Qantas is trying to … Continue reading
Alitalia / To cut up to 2,600 staff ?
Alitalia may cut up to 2,600 jobs in its first mass lay-offs since the airline was privatized say union sources Continue reading
American Airlines / To hire 1,500 pilots
American Airlines says it will hire 1,500 pilots over the next five years. Continue reading
Europe’s Airlines / Lowering costs and cutting Jobs
European airlines will have to cut costs at existing short-haul businesses to compete with budget airlines or struggle to stay aloft, IAG boss Willie Walsh said. So-called legacy carriers such as IAG, Lufthansa and Air France-KLM are cutting jobs, renegotiating staff contracts and dropping uncompetitive routes to get costs on a par with budget carriers, … Continue reading
Air France / To cut 2,500 jobs in 2014
Air France is to slash around 2,500 jobs next year Continue reading
Iberia / Striking workers against plan to cut 3,800 jobs
Thousands of workers facing pay and job cuts at loss-making Spanish airline Iberia on Monday staged a second wave of protests that could ground nearly 1,300 flights this week. Iberia, part of International Airlines Group (ICAG.L), is battling competition from low-cost airlines and high-speed trains as well as a deep recession in Spain, where one … Continue reading
India / AirAsia Hiring
AirAsia India, the new joint venture airline that AirAsia Bhd and Tata Sons Ltd propose to launch has started approaching top aviation executives in India, as it attempts to build its team ahead of a nod from the government, according to two people familiar with the matter who asked not to be identified. The fate … Continue reading
Europe | What Next for Airlines?
Despite relentless consolidation in the European airline industry over many years, few national carriers have disappeared entirely. Hungary’s Malev went bust earlier this year. Belgium’s Sabena is long gone. But most live on even if they have been absorbed by bigger rivals. Still, rarely has the pressure to cut costs to save national carriers proved … Continue reading
Pilots | Airlines Face Acute Shortage Writes WSJ
U.S. airlines are facing what threatens to be their most serious pilot shortage since the 1960s, with higher experience requirements for new hires about to take hold just as the industry braces for a wave of retirements. Federal mandates taking effect next summer will require all newly hired pilots to have at least 1,500 hours … Continue reading
Australia | Qantas cuts 400 maintenance jobs
Australian flag carrier Qantas on Thursday announced the slashing of 400 maintenance jobs as part of a restructure aimed at cutting costs and shifting focus to Asia. Qantas said the cuts would involve 150 staff and 250 contractors, as the “Flying Kangaroo” consolidates its maintenance operations to achieve savings under heavy competition, fuel costs and … Continue reading
Air France – 5,000 jobs to be cut by 2013
French airline Air France has announced it is to cut more than 5,000 jobs by the end of 2013 in an attempt to reduce costs and return to growth. The figure represents just under 10% of the total workforce of 53,000. The job cuts form part of a restructuring plan to restore profitability, in the … Continue reading
British Airways airport jobs could be transferred
Hundreds of British Airways workers at Gatwick Airport are set to lose their jobs or be transferred to another company under cost-saving plans unveiled by the airline today. The carrier said 400 ramp workers, including baggage handlers, will see their jobs outsourced, while 170 customer service staff and management support employees will be laid off … Continue reading
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