Tag: restructuring
IATA: Airlines heading for a decade in the black
The International Air Transport Association (IATA) forecasts the global airline industry net profit to be $35.5 billion in 2019, slightly ahead of the $32.3...
IAG: Final assault on CEO of Norwegian Air?
Willie Walsh, CEO of the International Airlines Group (IAG), decided to give the final assault to Norwegian Air Shuttle.
Delta continues domestic fleet restructuring
ATLANTA, Georgia - Delta Air Lines has finalized an agreement with Bombardier Aerospace that will allow the airline to continue restructuring its domestic fleet by replacing less efficient single-clas
2600 jobs to be cut as Philippines Airlines restructures
Philippines Airlines (PAL) is all set to cut 2,600 jobs as it restructures to curb losses.
TAM restructuring continues with hiring of new executives
TAM announced that it has completed another phase in its organizational restructuring.
Japan Airlines to eliminate 16,500 jobs
Japan Airlines Corp plans to reduce its workforce by a third within the fiscal year to lower labor costs by 81.7 billion yen a year, the Nikkei business daily said.
Rwanda Development Board changes may go further than initially expected
"We will concentrate on policy and advocacy" is the tenor of insider news now slowly emerging from the Rwanda Development Board, following intense efforts to get details about their planned restructur
GOL restructuring decreases number of vice presidents
GOL Linhas Aereas Inteligentes S.A. announced an organizational restructuring designed to streamline business management and reduce the number of vice presidents.
Japan Airlines announces corporate restructuring
A new corporate organization structure was announced today by Japan Airlines (JAL), which aims to improve passenger experience, consolidate intermediary functions in order to improve productivity of t
Japan Airlines considering slashing 5,000 jobs
TOKYO — Struggling Japan Airlines Corp., which is in the midst of major restructuring, is considering slashing 5,000 jobs in three years, a news report said Monday.
Strike looms at Manchester Airport
Unite, the UK's biggest civil air transport union, is balloting its members working at Manchester Airport for industrial action in a dispute over restructuring, which has resulted in job cuts, pay cut
Optimism sweeps Garuda Indonesia again
After five years of restructuring, Garuda is finally entering a new era.
Midwest Airlines announces progress on restructuring plan
MILWAUKEE, WI (September 3, 2008) - Midwest Airlines today announced significant progress in its voluntary restructuring plan and $60 million in additional financing, including commitments from TPG Ca
TAM Airlines adjusts its operational and administrative structure
SAO PAULO, Brazil (July 30, 2008) - TAM Airlines, a company of Grupo TAM with headquarters in Asuncion, Paraguay, is going to adopt a management model based on the three pillars that support the compa
