Crunch Victims » Transport

SeaFrance ordered to close, 1000 jobs lost.

Cruvic — Mon, 09 Jan 2012 18:57:43 +0000

Source: Sky News

Kiss Flights the latest to blame it on ED!

Cruvic — Tue, 17 Aug 2010 20:58:50 +0000

London-based firm Flight Options Limited, which traded as Kiss Flights, officially ceased trading. Flight Options was launched in 1995 offering flights to various Mediterranean destinations. Kiss was set up as a seat-only operator in 2008 following XL Leisure Group‘s collapse.

In all, 13 travel firms have gone bust in the UK this year as a result of the recession, belt-tightening by travellers and the Icelandic volcanic ash cloud that threw European travel into turmoil. That compares with 33 last year.

Sources:

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Mexico airline Mexicana files for bankruptcy.

Cruvic — Thu, 05 Aug 2010 21:20:17 +0000

Mexico’s biggest airline, Mexicana de Aviacion, has filed for bankruptcy protection after failing to reach a deal with trade unions on cost cutting. The heavily-indebted airline said flights would continue while it restructured its finances. Mexicana had proposed deep pay cuts for pilots and crew, as well as a 40% reduction in the workforce.

Mexicana is the biggest airline to go bankrupt since Japan Airlines. It does not come as a big shock: Mexican airlines have faced tough conditions lately, battling the deepest recession in the Americas.

Source: The Economist

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RAF Kinloss to lose 108 skilled MR2 Nimrod staff.

Cruvic — Sat, 16 Jan 2010 22:43:55 +0000

Scores of civilian jobs are to be axed at a Moray airbase which has played a key role in the Afghan and Iraq wars. RAF Kinloss will lose 108 skilled staff who maintain and service its fleet of 11 MR2 Nimrod surveillance aircraft.

Total losses = 108

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BMI announces 600 job losses due to worst recession ever.

Cruvic — Wed, 25 Nov 2009 22:47:04 +0000

British Midlands (BMI) has announced plans to lay off 600 employees and axe five routes as part of a restructuring effort aimed at returning the company to profit. Most of the job losses at the British airline – now fully owned by German flag carrier Lufthansa – will affect cabin crew and other front-line “operational” staff. BMI will also cease to operate outbound services to Tel Aviv, Brussels, Kiev and Aleppo as of next January, with flights to Amsterdam being axed in March. The loss of its Tel Aviv service, which was only launched two years ago, will come as a particularly heavy blow to Heathrow’s second largest carrier.

Announcing the loss of 600 jobs from a workforce of just 4,400, the airline said;

The move takes place against a background where the airline industry is facing the challenges of a downturn in demand and the worst recession in the UK since records began.

Total losses = 600

Source: Cheapflights.co.uk

1700 BA cabin crew members pushed out without parachutes.

Cruvic — Tue, 06 Oct 2009 22:36:49 +0000

BA posted record losses of £401m last year, and £148m for the first quarter this year. Its chief executive Willie Walsh says the airline, hit by the slump in business class travel, is in a “fight for survival”. The airline said it was making 1000 full-time cabin crew staff at Heathrow redundant, and had agreed to reduce the hours of 3000 more workers, equivalent to cutting 1700 full-time positions in total.

BA said in a statement today,

British Airways is currently not profitable and we expect to record a significant loss for the second consecutive year – the first time that has happened in our history. Revenues are down, so we must reduce costs to restore profitability. Without changes, we will lose more money with every month that passes. It is essential that we make ourselves more efficient if we are to ensure our long-term survival.

Total losses = 1700

Source: Guardian.co.uk

Source: BBC News

Wikipedia: British Airways

Japan Airline to cut 6800 jobs.

Cruvic — Tue, 15 Sep 2009 20:50:21 +0000

After losing more than 1 billion dollars in the April – June quarter, Japan Airlines will slash 6800 jobs and pursue a tie-up with a foreign carrier in a bid to return to profit in the face of severe turbulence unleashed by the global recession. The job cuts, which will shrink JAL’s workforce by 14 percent, are part of an emergency restructuring plan being prepared by Asia’s largest carrier, which is seeking financial aid from the government.

Total losses = 6800

Wikipedia: Japan Airlines (JAL)

1116 jobs to go at BAE Systems.

Cruvic — Tue, 15 Sep 2009 20:31:29 +0000

Defence giant BAE Systems says it is planning to cut 1116 jobs and close an aircraft factory in Cheshire. The firm said it aimed to shut the Woodford plant at the end of 2012, with the loss of 630 jobs. A further 205 positions are to go at BAE’s Samlesbury site, and 170 at its Warton facility, both in Lancashire. In addition, 111 jobs will go in Farnborough. BAE said the planned cuts followed “a detailed review of its current and future business levels”. BAE’s latest job cuts announcement comes five months after the firm said it was trimming 500 positions and closing sites in Telford, Leeds and Guildford.

Total losses = 1116

Source: BBC News

Wikipedia: BAE Systems

Is it me or are there less job losses?

Cruvic — Thu, 13 Aug 2009 13:03:53 +0000

For those who visit regularly you may have noticed that we are not updating or creating posts everyday. This is mainly because there do not seem to be as many companies laying off people such as they were 6 months ago.

Source: Layoff Tracker

Whyte & Mackay cuts 85 jobs
State of Pennsylvania layoffs 250 employees
Engineering firm CHA layoffs 57 employees cuts salary
German utility company E.ON plans to cut 2000 jobs
Artex Aircraft Supply layoffs 113 workers
RM International layoffs 109 workers
Crow Tribe layoffs 200 employees
Ulster Bank cuts 250 jobs
Ballard Power cuts 85 jobs
Terex Corporation cuts 170 jobs
Trinity Marine Products layoffs 235 employees
Korea’s Ssangyong Motor finalizes 2600 layoffs
VSP cuts 43 jobs
Miami Herald Media Company cuts 34 jobs

Total losses = 6231

The Klaus Kneale Pink-Slip List (P-SL) for July 2009.

Cruvic — Thu, 30 Jul 2009 18:08:12 +0000

The following Pink-Slip List (P-SL) was compiled by Klaus Kneale.

Job Losses = 15840

July 29: UAL Corp. lets go of 50 in Missouri.
July 29: General Electric fires another 190 in Indiana.
July 29: Intuit dismisses 120 nationwide.
July 27: General Electric dismisses 93 employees from an oil and gas facility in Wisconsin.
July 27: Verizon Communications fires 8000 workers from its wireless business.
July 23: Air Products and Chemicals fired 1150 workers.
July 21: Continental Airlines lets go of 1700 employees.
July 17: Boeing lays off 130 workers in Alabama.
July 16: Harley-Davidson fires 1000 workers from its operations in the states of Wisconsin, Illinois, and Missouri.
July 16: Cisco Systems lets go of 700 workers from its headquarters in San Jose, CA.
July 14: Norfolk Southern lays off 84 workers from one of its Alabama rail yards.
July 13: Navistar International dismisses 275 workers, most of them from Mississippi.
July 8: AGCO Corp. lays of 154 workers in Kansas.
July 6: The 3M Company lets go of 200 workers in Massachusetts.
July 1: The Dow Chemical Company cuts 2500 jobs. The layoffs are a result of the company closing three Louisiana plants.