Finnair Looking at More Layoffs

0
26

Finnair has announced that it will begin
discussions with relevant parties on 25 May about reducing the number of people
on its payroll.

Finnair has approximately 6,100 employees in
Finland.

The airline has said that, if realised, the layoffs
could be temporary, for a fixed period of time, or until further
notice.

Similar measures are planned for those Finnair employees
who are based outside of Finland.

As with most airlines, Finnair has been hit very
hard by the COVID19 pandemic, and in July aims to operate
approximately 30% of its normal schedule.


“It is clear that as we fly
significantly less, the amount of work available is lower than
normally as well. The gradually growing traffic program will
increase also resource needs in due course. However, considering
the uncertainties caused by travel restrictions and the
coronavirus situation in general, the return to normal will take a
considerable time. That is why the temporary layoffs we now start
negotiations on unfortunately seem to be inevitable, ”says Johanna Karppi, SVP for People & Culture at Finnair.

In 2019, volume-driven costs formed about
60% of Finnair’s total cost base. The airline is looking to reduce
costs by almost 80-million Euro starting from year 2022 compared
to year 2019.

Finnair will drive this by cutting real
estate costs, aircraft leasing costs, compensation structures,
sales and distribution costs, IT costs as well as administration
costs.

Finnair will also continue streamlining of
its operations, digitalising and automating its customer
processes. The airline also plans to renegotiate its supplier and
partner agreements.

Finnair’s CEO, Topi Manner, said, “In the
post-corona market, those who can adapt their costs to the changed
market and the competitive situation are the ones who will
succeed. Finnair intends to be among the winners, and that is why
we target savings across different cost items in a determined
way.”

Finnair’s current plan assumes that traffic will
recover to the 2019 level in 2-3 years.

See latest

Travel News
,
Video
Interviews
,
Podcasts
and other
news regarding:

COVID19
,

Finnair
,

Helsinki
.


Headlines:

AirAsia Extends Credits for 2 Years 
Rolls-Royce to Layoff at Least 9,000 People 
A Song of Support and Thanks to the NHS Staff of Ysbyty Enfys, Llandudno 
Aviation: Global Coordination Needed for COVID19 Measures 
British & Irish Lions Appoints CFO and Director of Marcom 
Hannah Loughlin Joins Six Senses Con Dao as DOSM 
Finnair Looking at More Layoffs 
SITA Invests in Digital IDs Designed to Replace Traditional Passports 
United Airlines Partners Clorox and Cleveland Clinic to Launch CleanPlus 
Biosecurity for Air Transport: A Roadmap for Restarting Aviation 
airBaltic to Resume Flights from Riga to Berlin, Helsinki and Munich 
Etihad Airways Expands Flight Schedule 
Eric Hallin Appointed GM of Six Senses Con Dao in Vietnam 
Mekong Innovative Startups in Tourism 2020 Calls for Applications 
Qatar Airways Starts Codesharing with American Airlines 
Airbus Opens First Dedicated A220 Production Facility in USA 
Delta Installing Plexiglass Shields at Airports 
Finnair to Resume Long Haul Flights in July with Strong Focus on Asia 
Hong Kong to Target Domestic Tourism; Reports April Visitor Arrivals 
Airbnb Appoints Tara Bunch as Global Head of Operations 
Hyatt to Layoff 1,300 People Globally 
Thai Airways Extends Suspension of International Flights 
Air France to Resume Select Flights 
Etihad Holidays Partners dnata Travel Group in UK 
IHG Expands Cleaning Protocols at Hotels Worldwide 
Finnair Increases Cargo Capacity by Removing Seats from Two A330s 
PG to Resume Flights to Chiang Mai, Lampang, Phuket and Sukhothai 
Cathay Pacific and Cathay Dragon Carried Just 13,729 Passengers in April 
Singapore Airlines Group’s RPKs Down 99.6% in April 
HKIA Handled 32,000 Pax and 9,445 Flight Movements in April 
Smiths Detection Launches UVC Light Kits for Airport Security Checkpoints 
Boeing’s X-37B Autonomous Spaceplane Sets Off on 6th Mission 
History of Conwy, North Wales – Interview with Councillor Bill Chapman 
Qatar Airways to Resume Flights to Brisbane, Australia 
Delta to Operate Passenger Flights to Frankfurt and London 
MICE: New Zealand Limits Events to 100-People 
Mike Delaney to Lead Boeing’s Confident Travel Initiative 
Delta to Retire Boeing 777s by Year-End 
Air Astana Celebrates 18th Anniversary with Resumption of Domestic Flights 
Emercom of Russia Takes Delivery of First Ansat Helicopter 
Emirates Unveils Plan to Resume Flights to Nine Destinations 
Hong Kong Int. Airport Makes it Compulsory to Wear a Mask 
Korean Air Outlines Plan to Secure KRW 2.2 Trillion to Overcome COVID19 
IATA Takes Pessimistic Look at Future of Air Travel 
AirAsia Introduces Contactless Technology to Enhance Safety 
WHO Launches Two COVID19-Related Mobile Apps 
UK’s Civil Aviation Authority Signs MOU with Boeing 
Kevin Schmidt Re-Elected as Chairman of Security Manufacturers Coalition 
Cebu Pacific’s COVID19 Safety Measures 
AirAsia Philippines Cancels All Domestic and Int. Flights Until 31 May 
Changi Airport in Singapore to Close T4 
American Airlines Expands International Cargo Schedule 
Hahn Air Appoints EVP Research & Development 
United Airlines Appoints Brett J. Hart as President 
Finnair to Require All Passengers to Wear Masks 
Luis Gallego to Succeed Willie Walsh as CEO of IAG 
Hyatt and American Offer Holidays to NYC Health + Hospitals/Elmhurst Staff 
Craig Smith to Become Marriott’s Group President – International 
UNWTO: 72% of Countries Have Closed Borders to International Tourism 
Etihad to Launch Scheduled Flights Between Melbourne and London Heathrow 
Resumption of International Air Travel Requires Global Approach 
Qatar Airways Giving Away 100,000 Free Tickets to Frontline Healthcare Professionals 
Bombardier Wins Delhi-Meerut Regional Rapid Transit System Contract 
Saab Appoints New CFO and Deputy CEO 
Boeing Uses Three Dreamlifters to Transport PPE from China to USA 
International Visitor Arrivals Could Fall 60-80% in 2020 
Thailand to Promote Domestic Tourism First 
Vietnam Airlines to Increase Frequency of Domestic Flights 
Delta Signs Trans-American JV Agreement with LATAM 
Sneak Peek at Two Improvements in Air Canada’s New Aeroplan FFP 
World Rugby Creates Series of Webinars and Workshops 
Bangkok Airways Reminds Passengers of Anti-COVID19 Measures 
Country in S.E. Asia Enhances SAR with Hermes 900 Maritime Patrol UAS 
Asia Pacific Airlines Report 25% Decline in Net Earnings for 2019 
Korean Air to Expand Network in June 
Qatar Airways Unveils Plans to Expand Network 
Macao Cancels 31st Int. Fireworks Display Contest 
Royal Caribbean Extends Cancellation Policy 
PIA Signs Distribution Agreement with Amadeus 
United Airlines Looking to Raise US$ 2.25 Billion with Notes 
Heathrow to Trial New Measures in Fight Against COVID19 
IATA Highlights Cost of Social Distancing on Aircraft 
Qantas and Jetstar Extend Flight Cancellations 
Air New Zealand to Expand Cargo Operations 
Hyatt’s Global Care & Cleanliness Commitment 
Thai AirAsia Launches F&B Delivery Service 
Lufthansa Technik Busy with Pax to Cargo Conversions 
All Air France Passengers Required to Wear Masks from 11 May 
De Havilland Aircraft of Canada Resumes Work 
IHG Signs Resort in Saipan 
Airbus Develops A330 and A350 Cargo Solution for Airlines 
Air Canada Launches CleanCare+ 
Second Boeing 777X Begins Flight Tests 
Bombardier to Resume Aircraft Manufacturing in Canada 
Hamad Int. Airport Reports Q1 2020 Increase in Cargo 
Universal Postal Union Warns of Air Capacity Shortage 
Australia’s Loyal Wingman Prototype Begins Ground Tests 
Aviation: Global Passenger Volumes Return to Levels Last Seen in 2006 
Passenger Numbers of Asia Pacific Airlines Down 72.9% in March 
AirAsia Resumes Domestic Flights in Malaysia; Philippines and Thailand Next 
HD Videos and Interviews 
Podcasts from HD Video Interviews 
Travel Trade Shows in 2020 and 2021 
High-Res Picture Galleries 
Travel News Asia – Latest Travel Industry News 

http://www.asiatraveltips.com/news20/215-FinnairLayoffs.shtml

LEAVE A REPLY

Please enter your comment!
Please enter your name here