AIRLINES TO CUT MORE JOBS

  • 28/10/2020

Airlines need to cut more jobs to reduce costs as travel demand remains shows a slow progress according to the International Air Transport Association.“To maintain last year’s level of labour productivity, measured by ASKs (available seat kilometres) per employee, employment would need to be cut 40 per cent. Further job losses or pay cuts would be required to bring unit labour costs down to the lowest point of recent years,” Iata’s director-general and chief executive Alexandre de Juniac said on Tuesday.


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