Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Transportation / Storage
Land, Water And Air Transportation
Air Transport
51 - Air transport

560 jobs
Number of planned job losses
Job loss
Announcement Date
19 March 2004
Employment effect (start)
Foreseen end date

Description

EAAC, air charter, is to cut 560 jobs, i.e. 90% of its workforce. Some 60 employees will still work for the company after the restructuring.


Sources

  • 19 March 2004: Les Echos

Citation

Eurofound (2004), EAAC (European Aviation Air Charter), Internal restructuring in United Kingdom, factsheet number 59296, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59296.