The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Administrative Services Travel Agency, Tour Operator And Other Reservation Service And Related Activities Travel Agency And Tour Operator Activities 79.1 - Travel agency and tour operator activities
30 - 150 jobs Number of planned job losses
Announcement Date
11 September 2018
Employment effect (start)
Foreseen end date
Description
The German based travel operator TUI, formerly known in Norway as Star Tour, will cut a total of 150 jobs in Oslo (Norway), Malmö (Sweden) and Helsinki (Finland) following a closure of airbases in those cities. The company is closing down the airbases to increase flexibility, cut costs and respond to changes in the market. Norwegian and Jettime will take over the flight routes that TUI is closing down.
TUI has started negotiations with the trade unions. A company spokeperson states that the company will do their best to ensure that the employees are taken care of, possible by the companies taking over the flight routes. The trade union Parat is critical to the closure. In a press release, a shop steward states that the trade union understands the competitive situation of Norwegian and international aviation, but also that the closure shows a lack of responsibility for the employees.
TUI Norway was established in 1973 as Star Tour, and has since then become a part of TUI Nordic and the TUI Group (from 2000). The company covers the whole travelling sector value chain from package tours, flights, cruises and hotels.
Sources
Citation
Eurofound (2018), TUI / Star Tour, Closure in European Union, factsheet number 95550, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/95550.
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