Type
Closure
Country
Germany
Region
Location of affected unit(s)
Sector
Transportation / Storage
Land, Water And Air Transportation
Air Transport
51.10 - Passenger air transport

360 jobs
Number of planned job losses
Job loss
Announcement Date
21 March 2013
Employment effect (start)
31 March 2013
Foreseen end date
26 October 2013

Description

German airline Augsburg Airways is to cut 360 jobs (cabin and cockpit crew). A social plan for the redundancies is under negotiation. As announced the company is threatened with closure till the end of October 2013. This restruction is attributed to the termination of cooperation with Lufthansa. In case of a closure, 100 people employed in the technical support and administration units will be made redundant as well.


Sources

  • 21 March 2013: Augsburger Allgemeine (online)

Citation

Eurofound (2013), Augsburg Airways, Closure in Germany, factsheet number 75175, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/75175.