How does the economic crisis affect aviation? jobs,routes,..

[luchtzak]

EAT (DHL) wants to lay off 36 pilots

[Acid-drop]

Rumors say the same for TNT in Liège (+/- 30)

[Mavke]

A300's been parked ... on some routes A300's are to Big and 757's to smal, it isnt easy ...hmm crisis ..

ken

[TCAS_climb]

There are rumours of an excess of 300 pilots at NetJets.

[willem]

At EAT(DHL) 24 got sacked in february... + The 36 Now... + xx in the future ?

Small Belgian private jet operator did cut wages with 30%...

Vlm closed Manchester base apparently, take another base or get sacked was their policy...

And sooo many rumours

[luchtzak]

Airlines will lose US$9 billion this year, IATA's CEO Giovanni Bisignani announced in his 'State of the Air', read more here: viewtopic.php?f=31&t=39719&start=0

Note: IATA forecasts 2009 industry losses of US$9 billion (-2.0% margin), with an operating loss of US$1.7 billion. This would be the first operating loss since 2003 when the industry recorded an operating loss of US$1.4 billion and a net loss of US$7.5 billion.

[TCAS_climb]

And I confirm the 300 redundant pilot jobs at NetJets. They've received several options ranging from resignation with a 1-year salary to time-sharing.

[Zorba]

- another 180 persons to be fired at EAT (no pilots)
- 200 extra to be fired with DHL Express in Diegem

http://www.tijd.be/nieuws/ondernemingen ... 70-434.art

[Acid-drop]

looks like they use the crisis as an excuse to leave brussels completely ...

[cnc]

can you blame them ?

[LJ]

Many pilots at KLM will work on the ground during the summer months...

[galaxy]

Many pilots at KLM will work on the ground during the summer months...

So, if you will find yourself this Summer in Amsterdam, protesting for the delay of your KLM flight, be aware that the desk employee you will be shouting to might be someone whose pay goes from € 48,000 to € 246,000 per year. "But maybe it's also partly the Dutch mentality - said airline pilots' union president Evert van Zwol - going back to the 17th century. Like we say, just spit in your hands and start working".
Read more :
KLM to replace seasonal staff with pilots

[Desert Rat]

Many pilots at KLM will work on the ground during the summer months...

This is the best way to make the all pilot community pissed off, I'm sure that in September when they will fly again, when they will have the opportunity to fly at a higher FL,as a revenge they will request to fly lower to burn more fuel...

[Boeing767copilot]

European Airline Traffic in April

http://files.aea.be/News/PR/Pr09-015.pdf

[Zorba]

British Airways asks staff to work for free

http://www.guardian.co.uk/business/2009 ... npaid-work

[airazurxtror]

Willie Walsh and his managers can well remain for a moment without any salary. With one month of their pay, an ordinary mortal will live for a full year and more !
Ask the people to work for free is indecent. I am sure a good part of the personal is already struggling to make ends meet.
Willie Walsh and his gang should be ashamed. If BA is deep in the hole, it's their making.

[TCAS]

[Boeing767copilot]

SkyEurope to reorganise under creditor protection
June 22, 2009

SkyEurope Airlines, the operating subsidiary of SkyEurope Holding AG, today announced that it has been granted creditor protection by the Bratislava I District Court in order for management to carry out a reorganisation.

SkyEurope has voluntarily taken this step to provide the time needed to realise the full potential of the base and route network, restructure the company’s debt, and make the company more attractive for potential new investment.

During the reorganisation, existing supplier agreements must be honoured by suppliers and by SkyEurope. Suppliers will be paid for goods and services received during reorganisation, but the company is protected from action by creditors to enforce payment of pre-existing debts. The objective is for SkyEurope to emerge from the period of creditor protection a stronger and financially stable business. Such creditor protection status has been used successfully by many airlines, mainly in the United States.

SkyEurope will continue to fly its scheduled and charter routes as planned, honouring all current and future flight tickets. The airline remains committed to its usual high standards of flight safety, services and punctuality.

Jason Bitter, Chief Executive Officer of SkyEurope, said, “This is a good step for SkyEurope because it means we will be able to operate without any disruption while we implement our reorganisation. It is good for our customers who may have full confidence in flying SkyEurope for holidays, city breaks, business travel, and friend and family visits.

It is good for our suppliers who will be fully paid for goods and services provided during the reorganisation. And it is good for our employees because it allows us to preserve and protect jobs.”

Between 2007 and mid-2009, SkyEurope restructured its bases and route network in order to simplify operations, improve aircraft and crew utilisation, and reduce its cost base. The cost benefits of this strategy are being realised.

In addition, the company has shown improvement in operating performance indicators such as load factor, which has increased in each of the last six consecutive months, as well as increases in average revenue per passenger and ancillary revenues.

New investment is sought to provide additional liquidity to support the next phase of the company’s development and SkyEurope recently appointed investment bank Reynolds Partners for that process.

There has been ongoing investor interest in SkyEurope and its business plan, although the company’s debt has been a barrier. This period of reorganisation under creditor protection will give the company time to restructure its debt and become attractive for new equity investment.

Nick Manoudakis, Chief Financial Officer of SkyEurope, commented, “We have a
convincing business plan that has been independently reviewed by Ernst & Young and potential investors. With this reorganisation, we are confident that we can secure further investment that will support our business plan and future growth. Together with our already proven low cost base, these measures will deliver a financial turnaround of SkyEurope. We provide an important service of good value flights to and from Central Europe, and our customers, employees, suppliers and business partners will all benefit from a stronger SkyEurope.”

[euroflyer]

According to media reports of today, Lufthansa is working on an additional package of savings (on top of the 300 million Euro package which had been announced some weeks ago). Rumours are this new package will have a volume of around 1 billion Euro !! (so unclear over which period). It should affect cargo, passenger flights, LH Technik and all other parts of the company. It is expected a number of additional planes will be grounded. However, no redundancies are expected. But shotr-time-working schemes will be introduced in all parts of the company it is said (so far this is focussed on Cargo only). Let's see, an announcement is expected before "the end of July".

[Conti764]

Many pilots at KLM will work on the ground during the summer months...

So, if you will find yourself this Summer in Amsterdam, protesting for the delay of your KLM flight, be aware that the desk employee you will be shouting to might be someone whose pay goes from € 48,000 to € 246,000 per year. "But maybe it's also partly the Dutch mentality - said airline pilots' union president Evert van Zwol - going back to the 17th century. Like we say, just spit in your hands and start working".

Should that be any different from shouting to someone who only earns about € 20.000 per year