airBaltic prepares job cuts as fleet shrinks to 36 aircraft
4 Articles
4 Articles
Air Baltic CEO Andrejs Martinovs said on Tuesday that the Latvian airline is expecting large-scale layoffs in the near future.
Latvian airBaltic is preparing collective redundancies as part of a major restructuring of the company. The new business plan provides for the abolition of between 500 and 700 working.
Employees of the Latvian national airline airBaltic will face extensive layoffs in the near future, said Andrejs Martinovs, the company's chairman of the board, on the Latvian Radio program "Labrīt" on October 20.
airBaltic prepares job cuts as fleet shrinks to 36 aircraft
Latvia’s airBaltic is preparing collective redundancies as it reduces its fleet and restructures its finances, board chairman Andrejs Martinovs told Latvian Radio on 20 October. Martinovs declined to give a final figure, saying voluntary departures continued to affect the number of compulsory job losses required. The airline had previously indicated that between 500 and 700 […]
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
