Airberlin, a Germany-based airline company, is aiming for a job cut of around 900 employees.
The airline, which is suffering from financial losses, expects to cut costs and improve its financials through the job cuts, which are part of its new transformation plan, Turbine.
The airline, in a statement, said, ‘The negotiations for the restructuring programme and the planned personnel measures with the staff committees are already in place. The management of Air Berlin will implement ‘turbine’, together with the employees and in a constructive dialogue with employee representatives and those discussions in the coming months to give the highest priority.
The programme covers all business sectors and thus the relations with our business partners. Also including a reduction of about 900 jobs is provided, with compulsory redundancies can not be excluded.’
The airline is planning to develop its hubs at Berlin and Dusseldorf further to offer more long haul routes. It will also be retaining its operations at the airports of Vienna, Hamburg, Munich, Stuttgart and Zurich as its core stations within the network, after the transformation process.
In December 2012, airberlin increased its load by 3.1% compared to the same period in 2011, with a decrease in capacity by 12.1% to 2,375,083 seats over the respective months.
The airline is partly (29%) owned by Abu Dhabi based Etihad Airways, and only last week saw the appointment of former Bmi chief, Wolfgang Prock-Schauer, as its new chief executive officer.
The airline is planning to reduce its fleet from a current level of 158 aircraft to 142 in next two years.