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

330 jobs
Number of planned job losses
Job loss
Announcement Date
3 May 2010
Employment effect (start)
Foreseen end date

Description

The national air carrier Czech Airlines (ČSA) will have to cut 330 jobs under a recovery plan the government approved on 3 May 2010. Czech Airlines made a CZK 3.7 billion loss last year and then will have to cut its aircraft fleet by one third. As of May 2010, there is no information on when job losses will be implemented by.


Sources

  • 3 May 2010: Finanční noviny

Citation

Eurofound (2010), Czech Airlines (ÄŒSA), Internal restructuring in Czechia, factsheet number 70507, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70507.