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

500 jobs
Number of planned job losses
Job loss
Announcement Date
8 December 2008
Employment effect (start)
1 January 2009
Foreseen end date
31 December 2009

Description

The Russian airlines Aeroflot is to cut 500 employees in 2009. The company has taken this decision in order to tackle the recent economic crisis. The Aeroflot fleet flies to 94 destinations in 49 countries worldwide and operates 302 flights daily. It has 14,500 employees worldwide.


Sources

  • 12 August 2009: Il Sole 24 Ore

Citation

Eurofound (2008), Aeroflot, Internal restructuring in World, factsheet number 67714, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67714.