UK's Jet2 confirms 102 pilot job losses. The leisure specialist grounded all aircraft for four months between March 17 and July 15, 2020. Home---> Europe (Major/National/Low Cost) pilot jobs ---> UK (Change operator name/classifications) Red text indicates fields that … Airline Jet2 has informed its pilots that they intend to make 102 redundancies as the coronavirus pandemic continues to batter the industry. Friendly flight times to sun, city and ski destinations are all yours to enjoy. Leeds-based airline Jet2 has confirmed it is planning to cut jobs and its flight schedule. Budget airline Jet2 has confirmed plans to axe more than 100 pilots across the UK, as coronavirus continues to hit the ailing aviation sector. Login attempt failed, please enter a valid Employee ID number. Sign In. These options included part-time working, part-year working, unpaid leave, sabbaticals, and voluntary redundancies, a union spokesperson told Sky News. The leisure specialist issued a preliminary notice to BALPA in June informing it of the plan, which it said had to be implemented due to a “reassessment and reduction” of its flight programme for the remainder of 2020 and for 2021 as covid-19 continues to disrupt travel. Jet2.com pilot jobs Wiki. Share on Twitter (opens new window) feedback@ch-aviation.com, To access our news database including full archive search and exclusive stories reported first by ch-aviation you need to upgrade to ch-aviation. Ryanair (FR, Dublin Int'l) will take over 312 weekly slots at London Stansted airport from low-cost carrier rival easyJet (U2, London Luton) at the onset of the summer 2021 season, a slot-swap notice has shown. A Jet2 spokesperson said: "We have had to reassess and reduce our flying programme for the remainder of 2020 and for 2021. This is yet more evidence, if it were needed, of the free-fall in aviation and the knee-jerk way airlines are responding, especially as lockdown is gradually being eased. Ryanair is already the largest operator at Stansted, holding 2,312 weekly slots, over two-thirds of all. Leeds/Bradford-based Jet2 operates bases in the United Kingdom at Belfast Int'l, Birmingham Int'l, East Midlands, Edinburgh, Glasgow Int'l, London Stansted, Manchester Int'l, and Newcastle, GB airport, as well as Alicante and Tenerife Sur airport in Spain. Sadly, the overall effect of these reductions has been the need to propose a number of colleague redundancies across our business. © 1998-2021 ch-aviation GmbH. "These pilots have been through the mill already. Jet2 said it would have to axe nearly 500 staff – more than 100 pilots and about 380 cabin crew – due to the collapse in air travel. It has also extended the suspension of its Algarve programme to August 24, despite earlier hopes it could restart flights and holidays to the Portuguese destination on August 16. "Based on the indicative scenario planning undertaken by management, the Board believes that the proceeds will provide sufficient liquidity on an extended and likely unpredictable shutdown basis to deal with this continually challenging trading environment," Philip Meeson, Executive Chairman of the Group, commented. All Bar One, Toby Carvery and Harvester owner Mitchells & Butlers has confirmed around 1,300 jobs have been axed as it revealed the pandemic sent it plunging to a £123 million annual loss. I report on the Group's trading performance for Jet2.com, our award-winning leisure airline and Jet2holidays, our acclaimed ATOL licensed package holidays tour operator, for the half year ended 30 September 2020.. Get great value and first-rate service when you fly with award-winning Jet2.com. A union has called on the government to step in and delay proposals by Jet2 to cut a total of 102 pilot jobs. Best Jobs in the UK 2021 NEW! ", He added: "Despite being one of our least union-friendly airlines, I hope Jet2 negotiates in good faith and works with us on how we can mitigate these proposed losses and see Jet2 thrive in the future.". Vietnam’s carriers will continue to experience liquidity difficulties in the next two to three years, she added. In early August, the low-cost carrier ramped up its capacity to Greece and Turkey after deciding to cancel all flights to Spain due to the British government's abrupt reimposition of quarantine rules on July 26. According to the ch-aviation capacities... Editorial Comment: The article has been updated in regard to easyJet's London area network. By using this site, you agree we can set and use cookies. He says job cuts will have to be considered (Image: AFP via Getty Images) Read More Related Articles. As of this writing, its remaining seating capacity was heavily skewed in Spain's... VietJetAir (VJ, Hanoi) has asked the government to encourage commercial banks to offer it soft loans of VND4 trillion dong (USD173 million), for which it would pay the principal and interest in 2023-2025, local media reported. EASYJET has cut 1,400 UK jobs since the start of the coronavirus crisis, the airline confirmed today. EasyJet chief executive Johan Lundgren told Sky News that the UK government's quarantine policy for international travellers will hit the airline industry hard. Baggaley, the chief credit analyst for airlines at Standard & Poor’s, said 20 to 30 percent of airline jobs could be eliminated through buyouts and early retirement offers in addition to job cuts. Brian Strutton, the general secretary if the pilot's union Balpa, said: "Many of the pilots whose jobs are on the line in Jet2 have just recently moved there after having lost their jobs at Thomas Cook. “Many of the pilots whose jobs are on the line in Jet2 have just recently moved there after having lost their jobs at Thomas Cook – these pilots have been through the mill already. UK job losses: retail redundancies ... Jet2 – 500 jobs. The United Kingdom is enduring a third nationwide lockdown with people required to remain home amid a resurgence in COVID-19 infections. Jet2.com pilot jobs and payscales. For travel beyond March 26, Jet2 said it would issue an update closer the time when it has a clearer picture of events. At the start of the current winter 2020/21 season, easyJet held 376 weekly slots at Stansted, including two held by easyJet Europe (EC, Vienna). But did say redundancies are proposed across the business. Other airlines have already announced job cuts and restructuring programmes as they fight to stay in business. You can unsubscribe at any time. Includes job entry requirements, fleet details and employment outlook. There are reports that as many as 380 cabin crew staff will lose their posts. The union insisted that Jet2 was pressing ahead with the cuts despite a range of alternative options it had put forward. Jet2 flights were stopped last March before restarting gradually from mid-July The firm made a pre-tax loss of £68.7million in its most recent half-year results By Harry Wise For This Is Money Other carriers that have announced job cuts include British Airways, easyJet and Ryanair. - 17.11.2020 - 14:50 UTC. Airline Jet2 is to make 102 pilots redundant after ... to work with Jet2 to find ways of saving these jobs, ... in temporary pay cuts for UK crew in exchange for no job losses. cuts moratorium and work on a strategic support package to help this industry get through this crisis." Jet2 reveals £109m coronavirus loss as staff take pay cut 24 April 2020 Jet2 expect to incur costs of £109 million following the grounding of flights in the wake of the coronavirus pandemic. Quaderstrasse 8 7000 Chur Switzerland, Phone: +41 (0) 44 508 47 07 It also affects package-holiday sister firm Jet2holidays. "Furthermore, the Directors believe the Fundraise will enable management to continue to adopt a... Jet2 (LS, Leeds/Bradford) has suspended all flights through to the end of the current winter season, citing the ongoing uncertainty and travel restrictions caused by the COVID-19 pandemic. Want to receive the latest aviation news delivered right to your mailbox every week? Job losses, Chilango, rents, Jet2, Carnival, G4M & other: PREMIUM EMAIL – PLEASE DO NOT FORWARD: A DAY IN THE LIFE: The number of out-of-office replies to our morning email has been multiplying in recent days and, rather than try to beat them, Langton will be joining them. EasyJet, British Airways, Jet2 and more speak out when on flights may resume again Jet2.com benefits and perks, including insurance benefits, retirement benefits, and vacation policy. "Once again, I reiterate my call for the Government to step in, call for a job Find out more about life at Jet2.com. Jet2 has cancelled flights up to and including April 14, 2021. HSBC targets job losses and Asia focus as annual profits fall 34%. Despite enormous efforts to work with Jet2 to find ways of saving these jobs, the airline is insisting on 102 redundancies.”, He added: “This will be a particular kick in the teeth as many of those who may lose their jobs had recently joined the airline after having been dismissed from Thomas Cook Group, which went into administration last year.”, Strutton called for more government support for the industry, whose changes to quarantine rules “keep throwing every restart plan into chaos. ch-aviation GmbH O’Leary plans to cut 10% of pilots as ‘resignations dry up to zero’ after pay deal. In a stock market filing, the Jet2 (LS, Leeds/Bradford) parent said it had grossed total proceeds of approximately GBP422 million through the fundraise which comprised 35,166,654 Placing Shares and subscriptions for 593,561 Retail Shares, in each case at a price of GBP1.18 (USD1.63) per ordinary share. Jet2 (LS, Leeds/Bradford) has confirmed a plan to make 102 pilots redundant across most of its bases, the British Airline Pilots Association (BALPA) said in a statement on August 16. Best 2-in-1 laptops 2021: top laptop-tablet hybrids. Invalid Email. Speaking at a seminar titled “Overcoming crisis, developing Vietnam’s aviation sustainably”, the carrier’s chief financial officer, Ngọc Yến Phương Hồ, revealed that the company had incurred substantial losses over the last nine months, forcing it to sell assets, slash wages by 50% to 70%, and pay minimum salaries of VND8-10 million (USD350-430) to many staff. “Ultimately, we will likely see 95,000 to 105,000 jobs lost in the US airline industry,” Becker said in one of her latest analysts’ notes. Canaccord Genuity and Jefferies acted as joint global coordinators, joint bookrunners, and joint brokers while Cenkos Securities plc acted as nominated adviser. The British LCC announced earlier this year that it would close its base at Stansted, although it said it would continue serving the airport from other bases. The ch-aviation fleets advanced module lists Jet2's fleet as including one A321-200, seven B737-300s, seventy-four B737-800s, and eight B757-200s. Full list of job losses by British employers since the start of coronavirus pandemic. “Despite being one of our least union-friendly airlines, I hope Jet2 negotiates in good faith and works with us on how we can mitigate these proposed losses and see Jet2 thrive in the future. BALPA general secretary Brian Strutton said the announcement “is yet another [case] which shows the desperate state of the British aviation sector. It is the latest airline to begin consulting on redundancies as the aviation industry struggles to cope with the collapse in demand caused by the coronavirus pandemic. >. In the slot swap request, Ryanair filed a placeholder schedule using the same destinations as previously operated by easyJet. Over 100 Jet2 pilots could lose their jobs (Image: JET2HOLIDAYS) “Despite being one of our least union friendly airlines, I hope Jet2 negotiates in good faith and works with us on how we can mitigate these proposed losses and see Jet2 thrive in the future. Last month, the National Assembly of Vietnam approved a VND12 trillion (USD520 million) bailout for majority state-owned Vietnam Airlines (VN, Hanoi), including low-interest loans worth VND4 trillion. June 24: Swissport - 4,556. Forgotten login details Jet2: Reported operating losses of £111.2m for the six months to September 30, against earnings of £361.5m a year earlier. The news comes after Boeing, the jet manufacturer, last night announced plans to dismiss more than 12,000 workers. Jet2 is the latest airline to begin consulting on redundancies as the aviation industry struggles to cope with the collapse in demand caused by the coronavirus pandemic. Jet2 is not due to resume flying until July 15, which means that its entire fleet will have been grounded for more than three months. Chairman's Statement. It is the second total suspension of Jet2's operations caused by the pandemic. Ryanair faces 900 job losses after grounding of Boeing Max jet. UK leisure specialist Jet2 plc says it has raised GBP422 million pounds (USD584.2 million) via a new share issuance to existing shareholders and new investors. The airline would not confirm job numbers. The fundraise, which Jet2 plc said was significantly oversubscribed, represented 20% of its existing issued ordinary share capital immediately prior to the placing. Beer giant Heineken is to slash 8,000 jobs globally after sales plunged sharply following the closure of pubs and bars. 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