Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Transportation / Storage
Land, Water And Air Transportation
Air Transport
51.1 - Passenger air transport

300 jobs
Number of planned job losses
Job loss
Announcement Date
23 January 2013
Employment effect (start)
Foreseen end date

Description

British Airline Flybe has announced that it is to cut around 300 jobs in the UK.  The company follows moves by other European airlines, which have also cut costs and headcount. The restructuring is blamed on lower demand resulting from the euro zone crisis.

A timeline for the restructuring has not yet been given.


Sources

  • 23 January 2013: Reuters

Citation

Eurofound (2013), Flybe, Internal restructuring in United Kingdom, factsheet number 74828, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74828.