Type
Merger/Acquisition
Country
Spain
Region
Location of affected unit(s)
Barcelona, Madrid, Sevilla
Sector
Transportation / Storage
Land, Water And Air Transportation
Air Transport
51 - Air transport

200 jobs
Number of planned job losses
Job loss
Announcement Date
19 May 2009
Employment effect (start)
1 July 2009
Foreseen end date
31 October 2009

Description

Vueling is preparing an employee redundancy programme to cut posts in its maintenance division in Barcelona, Madrid and Seville, according to airlines sources, although they have not finalised the number of people affected. The layoffs are a result of the merger with Clickair, following which Iberia took over responsibility for the airlines' maintenance work. In total, 200 posts will be reduced, with some of them reassigned to Groundforce, which looks after Iberia's handling. Vueling will also try to encourage around 50 office workers to take voluntary redundancy, although it is still not certain which departments will be affected, according to Efe yesterday. For now, Vueling plans this week to begin negotiating the introduction of the programme with the Department of Employment, while informing employees of the measure. These actions will conclude the workforce adjustment which Vueling has carried out to adapt to its progressive fleet reduction, from 24 to 16 planes, undertaken over the last few months, and to bring about the merger with Clickair.


Sources

Citation

Eurofound (2009), Vueling, Merger/Acquisition in Spain, factsheet number 68977, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68977.