SAS retrench 5k

An SAS-operated plane.
SAS don’t see demand for air travel recovering before 2022. Credit: Håkon Mosvold Larsen/NTB scanpix

SAS plan to make 5,000 employees redundant

Published tisdag 28 april

Scandinavian airline SAS says 5,000 employees will be given notice as the coronavirus has seen demand for air travel collapse.

The move will see 40 percent of the airline’s workforce lose their jobs, including 1,900 employees in Sweden.

SAS CEO Rickard Gustafson says SAS predicts the current collapse in demand for air travel to continue throughout the year and spread into next year. Not until 2022 does he foresee a return to pre-virus levels of demand for flights.

However, should demand rise quicker than expected, he says SAS has the ability to rescind its redundancies as there is a six-month notice before they take effect.

Published by Naresh Sagar

Mentor MSME, Motivator, Media Event Org, Management fiscal & Water management.Social Media branding,Internet broadcasters,Propunder of Indian Philosophy

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