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Friday, Mar 29, 2024

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A SAD day for a 100 years old industry of AVIATION

Virgin fires more than 3,000 people including 600 Pilots.
- Virgin Australia files for Bankruptcy.

- Air Mauritius goes into Administration.

- South African Airways Bankrupt.

- Finnair returns 12 planes and lays off 2,400 people.

- YOU grounds 22 planes and fires 4,100 people.

- Ryanair grounds 113 planes and gets rid of 900 pilots for the moment, 450 more in the coming months.

- Norwegian completely stops its long-haul activity!!! The 787s are returned to the lessors.

- SAS returns 14 planes and fires 520 pilots... The Scandinavian states are studying a plan to liquidate Norwegian and SAS to rebuild a new company from their ashes.

- Ethiad cancels 18 orders for A350, grounds 10 A380 and 10 Boeing 787. Lays off 720 staff.

- Emirates grounds 38 A380s and cancels all orders for the Boeing 777x (150 aircraft, the largest order for this type). They "invite" all employees over 56 to retire

- Wizzair returns 32 A320s and lays off 1,200 people, including 200 pilots, another wave of 430 layoffs planned in the coming months. Remaining employees will see their wages reduced by 30%.

- IAG (British Airways’ parent company) abandons the takeover of Air Europa (and will pay €40 million compensation for that).

- IAG (Iberia) grounds 56 planes.

- IAG (British Airways) grounds 34 planes. Everyone over 58 to retire.

- Luxair reduces its fleet by 50% (and associated redundancies)

- CSA abolishes its long-haul sector and keeps only 5 medium-haul aircraft.

- Eurowings goes into Bankruptcy

- Brussels Airline reduces its fleet by 50% (and associated redundancies).

- Lufthansa plans to ground 72 aircraft (in 2 instalments).

- Hop is studying the possibility of reducing fleet and staff by 50%.

Additional info:

Currently, 60 new aircraft stored at Airbus with no buyers in sight (order cancellations) including 18 A350s.

They *forecast a minimum of 8,000 grounded planes by September*. With an average of 5.8 crews per plane (medium and long haul combined), that would make *more than 90,000 unemployed pilots worldwide*

*The Air Transport Industry is on Life Support !*

This will have a major impact on our lifestyle ...
Comments

Mario 3 year ago
This is from last year, you twats..
Victor Ebi 3 year ago
This is terribly sad. Did I hear or read that 90,000 pilots will loose their jobs and other associated employees too. COVID has dealt a blow on the global economy. But I doubt if this will stop African Leaders from traveling. I remember some African Leaders travelled when the pandemic was at his peak. For the Pilots and other aviation sector workers that lost their jobs, please accept my sympathy, I hope you benefit from the Corona virus stimulus package of your Countries. I see us bouncing back by the grace of God.
Dozie Dibiaezue 3 year ago
I am heartbroken! A very sad news for international travels and travellers. What a world this COVID 19 is recreating! Goosh!
Bunmi Idowu 3 year ago
Sad! Very sad! But good as African leaders globe totting will be cut & perhaps, make them look inward for self sufficiency, develop their economies & stop the begging & borrowing syndrome from developed nations.
Atobatele Supo 3 year ago
This is devastating!Job losses across the globe on an account of a single ,but deadly covid 19!
Bert Charles Fueller 3 year ago
Not to forget the thousands of technical groundstaff and handling groundstaff without whom planes with pilots cannot fly along

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