Type
Internal restructuring
Country
Germany
Region
Location of affected unit(s)
Sector
Transportation / Storage
Land, Water And Air Transportation
Air Transport
51 - Air transport

900 jobs
Number of planned job losses
Job loss
Announcement Date
16 January 2013
Employment effect (start)
Foreseen end date
31 December 2014

Description

German airline Air Berlin will cut 900 jobs until 2014. This is part of a larger restructuring programme at Germany’s second largest air carrier. It will include a range of measures to fight its net debts of about EUR 800 million, such as the downsizing of the number of flights and air planes, as well as implementing wage cuts.

Negotiations with the trade union and the works council are ongoing.   


Sources

  • 16 January 2013: Handelsblatt
  • 15 January 2013: Deutsche Welle
  • 15 January 2013: Financial Times

Citation

Eurofound (2013), Air Berlin, Internal restructuring in Germany, factsheet number 74807, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/74807.