US crisis prompts BA to axe 7,000 jobs

first_img Previous Article Next Article US crisis prompts BA to axe 7,000 jobsOn 25 Sep 2001 in Personnel Today The airline industry has announced thousands of job losses on both sides ofthe Atlantic in response to anticipated falling passenger demand following theterrorist attack on the World Trade Center. In the UK, British Airways has announced 7,000 job losses and a 10 per centreduction in flying, and Virgin Atlantic is to cut 1,200 jobs and reduce itstransatlantic flights by 20 per cent. In the US, Boeing is planning to lay off between 20,000 and 30,000commercial airplane workers by the end of 2002, and Continental Airlinesproposing to shed 12,000 employees. Delta Air Lines, Northwest, United Airlines and American Airlines are alsoplanning major job losses following 20 per cent cuts to their operatingcapacity. Comments are closed. Related posts:No related photos.last_img read more