Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
The airline Air Europe will cut 129 jobs in Spain. The labour authority has accepted the labour force adjustment plan which had been presented by the airline. The measure is blamed on economic reasons and it will affect 129 employees: 70 land staff, 45 pilots and 14 maintenance workers. The termination of the contracts is reported to be implemented until the end of May 2012.
During the negotiation process, 32 strikes were called by the pilots. As a consequence of these industrial action around 800 flights were cancelled. Nevertheless, strikes did not change the outcome of the redundancy procedure.
Eurofound (2012), Air Europa, Internal restructuring in Spain, factsheet number 73234, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/73234.