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

315 jobs
Number of planned job losses
Job loss
Announcement Date
25 September 2014
Employment effect (start)
Foreseen end date

Description

The national air carrier Czech Airlines (CSA) has announced 315 redundancies out of 900 staff due to financial difficulties attributed to last year´s loss of CZK 922 million (33m euro) and also a considerable drop in the number of passengers from the countries of the former Soviet Union. The job cuts will affect 77 pilots, 172 cabin crew members and 66 posts in administration. Trade Unions have declared a strike alert.

Currently, CSA employs 900 people (230 pilots, 400 stewards and 270 administrative workers)

As of September 2014, no timeline was given.


Sources

  • 25 September 2014: Hospodárske noviny

Citation

Eurofound (2014), Czech Airlines (CSA), Internal restructuring in Czechia, factsheet number 77640, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/77640.