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

120 jobs
Number of planned job losses
Job loss
Announcement Date
2 March 2009
Employment effect (start)
1 May 2009
Foreseen end date
1 May 2009

Description

Estonian Air will close down the ground service unit and dismiss about 120 workers from the 1st of May 2009 to increase profitability. A specialized company will start rendering the service. Estonian Air will focus on their main activities to increase its competitiveness to cope with the situation of a decreased number of passengers. In later spring 2009, the company plans to buy three new airplanes to offer a more flexible air schedule, to develop existing markets and to open new routes.


Sources

Citation

Eurofound (2009), Estonian Air, Internal restructuring in Estonia, factsheet number 68481, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68481.