Covid-19: Singapore Airlines Group to Lay off 2,400 Workers
The Singapore Airlines group (SIA) has announced that it will have to lay off some 2,400 employees due to the impact of the covid-19 and the forecast that the volume of international passengers will not recover until 2024.
The group, which operates Singapore Airlines, SilkAir and Scoot Airlines, said in a statement that the staff cut will affect its offices in the city-state and abroad, and that the goal is to halve its operational capacity for the year 2020/2021 financial year.
The group has eliminated another 1,900 jobs since March, with the freezing of new hires, early retirements, voluntary departure of pilots and other flight and ground personnel.
“When the battle against covid-19 started earlier this year, none of us could have predicted its devastating impact on the aviation industry. From the beginning, our priorities were to ensure our survival and save as many jobs as possible” , said the group’s executive director, Goh Ghoon Phong.
“Having to give up our valuable people is the most difficult and distressing decision I had to make in my 30 years at SIA,” he added.
Last June, the airline NokScoot, owned by Scoot and Thailand’s Nok Air, announced its closure due to the damage caused by the pandemic.
Travel restrictions and border closures due to the pandemic have severely affected airlines and, according to the International Air Transport Association (IATA), there are 25 million jobs threatened worldwide in this and other related sectors, such as the tourism.
Global passenger traffic fell 90% in April, in the worst period of the pandemic, compared to the same month last year, and 79% in July.
Covid-19: Singapore Airlines Group to Lay off 2,400 Workers - /10