Southwest Airlines (US) is implementing a 15% reduction in corporate jobs as part of a cost-cutting initiative, with projected savings of $210 million in 2025 and $300 million in 2026. This move reflects the airline’s focus on operational efficiency and long-term financial sustainability.
Eviation (US), the developer of the all-electric Alice aircraft, has reportedly laid off most of its workforce as it seeks new funding sources to continue operations. The move highlights ongoing financial difficulties for the company as it attempts to navigate challenges in the electric aviation sector.
Air Belgium, facing prolonged financial difficulties, has restructured its operations by transitioning to Air One Belgium, a move that emphasizes cargo services over passenger flights. This strategic shift has led to the exclusion of cabin crew from the new operational framework, resulting in the loss of nearly 130 jobs. In late 2024, a consortium comprising the Dutch PESO…
KLM (Netherlands) has announced a reduction of 250 jobs in non-operational roles as part of a $469 million cost-saving initiative aimed at optimizing its operational efficiency. The move comes as the airline continues to adapt to financial pressures and changing market conditions.
Boeing has announced the layoff of 222 members of its Society of Professional Engineering Employees in Aerospace (SPEEA) union. This latest round of job cuts is part of a broader workforce reduction initiative that began in November 2024, reflecting the company’s continued efforts to realign its workforce with operational demands.
Lufthansa, the German flag carrier, has outlined specific plans to cut approximately 400 jobs in its administrativesectors as part of a broader effort to streamline operations and reduce costs. The airline aims to save on purchasing expenses and attract more business travelers, focusing on increasing efficiency amid ongoing financial pressures and industry competition. These job cuts reflect Lufthansa’s strategy to adjust…
Boeing has commenced the process of issuing layoff notices to 17,000 of its employees, a move set to reduce its workforce by 10%. This reduction comes as part of Boeing’s strategic efforts to stabilize its finances amid significant challenges impacting the aviation industry, particularly due to the reduced demand for air travel and aircraft orders…
As the strike at Boeing persists, suppliers to the aerospace giant are warning of potential layoffs and operational cutbacks if the work stoppage continues.
Air Transat, the Canadian airline known for its leisure and vacation travel services, has announced a temporary layoff of up to 400 flight attendants, effective November 1, 2024.
