Air Canada to reduce its workforce by up to 60 percent as airline tries to cut costs amid coronavirus pandemic
An Air Canada Boeing 737-8 Max airplane is pictured at Vancouver's international airport in Richmond, British Columbia, Canada on February 5, 2019.
Air Canada said on Friday it has decided to reduce its workforce by up to 60 percent as the airline tries to save cash amid the Covid-19 pandemic and right size its operations to the level of traffic expected in the mid-to-longer term.The Canadian Union of Public Employees said it is in the final process of negotiating mitigations and other matters with Air Canada and has no further comment at this time.
The union, which represents Air Canada flight attendants, said the airline is set to ask employees to reduce their hours, go on leave for up to two years or resign with travel privileges, the Canadian Press reported. The health crisis has brought a virtual halt in air travel, leading to an unprecedented number of flight cancellations globally and forcing airlines to book hefty losses.
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