in Air Transport / Business Aviation / People

1,000 Tunisair job losses as airline fights to be competitive

Posted 7 September 2016 · Add Comment

State-owned Tunisair is to shed around 1,000 jobs as part of a national austerity plan and a bid to make the airline more competitive

The job losses will affect around 12% of the full-time workforce of around 8,200.

Prime Minister Youssef Chahed has promised his new government will take tough decisions to help the economy grow and create jobs as the country comes under pressure from international lenders to push through reforms and trim public spending. State-owned firms are believed to have incurred losses of around $1.5bn last year.
Senior executives in Tunisair have commented in the past about the unwieldiness of the operation and the redundancy programme has been agreed with the major unions who have recognized the need for greater competitiveness.
Around a half of the job losses will be voluntary and according to Reuters the airline has put aside about $50 million for compensation.

Meanwhile, the airline has ordered five Airbus A320neo narrowbodies having apparently swapped a batch of outstanding Airbus orders according to the latest backlog details released by the OEM.
Tunisair had previously ordered 10 A320s, as well as three Airbus A350-800s and three A330s, during a fleet-modernisation deal in 2008 but subsequently cancelled the A350s , one of the A330s. and four of the A320s
 

 

Tunisair headquarters in central Tunis will see a large cutback in staff

* required field

Post a comment

Other Stories
Advertisement
Latest News

Emirates renews its support to Mauritius and Seychelles

Emirates has announced its renewed support to Mauritius and the Seychelles by extending its global marketing agreement with the respective Tourism Boards of the two countries.

Global standards, collaboration are key to future of ground handling

The International Air Transport Association (IATA) has highlighted three key priorities for the ground handling industry to support the growing demand for air travel: harmonizing global standards to improve safety, improving

SAA retains 4-Star Skytrax ranking

South African Airways (SAA) has maintained a 4-Star Skytrax ranking, in both Business and Economy Class, for a 16th consecutive year.

Aviation Africa 2018: Cyber security: Not if, but when

An airline’s greatest cyber-security threat may also be its most precious asset – its staff – according to panellists speaking at Aviation Africa in Cairo. Victoria Moores reports.

Aviation Africa: MROs eye tremendous market in Africa

Speaking at the Aviation Africa MRO panel Hisham Ali, consultant to the Chairman of Egypt Air, said that African MRO market is growing. Africa represents four percent of the global 25,368 fleet and 3.9 percent of global 75.6 billion USD

Aviation Africa 2018 gets under way in Cairo

The Aviation Africa Summit and Exhibition 2018 is under way in Cairo with over 980 delegates and visitors at the two-day event.

TAA SK0902311218
See us at
AAD2018 BTAirCargoAFA_BT220318210219Global Aerospace BT010518