Transavia Seeks €200 Million in Savings as Union Warns of Staff Shortages
4 Articles
4 Articles
Transavia seeks €200 million in savings as union warns of staff shortages
Transavia is targeting €200 million in annual savings through its recently announced cost-cutting program, according to the NVLT trade union and the airline. Negotiations are underway between the airline and the union to determine how the savings will be achieved.The savings are intended to increase Transavia's profitability and raise its profit margin to at least 8 percent on a sustained basis. A spokesperson confirmed that the airline needs to…
Reformatorisch Dagblad
Transavia aims to save 200 million euros annually with the large-scale cost-cutting program that was announced last week. The chairman of the NVLT trade union told the ANP this week, and it has been confirmed by the airline itself. The union is currently negotiating with Transavia regarding the implementation of the cuts.
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