Despite early signs of a recovery, Lufthansa Cargo is reportedly planning to to reduce its workforce by 10 per cent in 2010 in response to the steep declines in freight revenue and traffic in 2009 which pushed Lufthansa Cargo US$300 million into the red in the first nine months of the year from a $240 million profit in the same period in 2008. The carrier is also poised to swing into crisis management mode as Lufthansa pilots are set for a four-day strike from Monday. The cargo division said it … [Read more...] about Luft Cargo to see more job cuts and 4-day strike
pilots
Air India cuts freighter pilots
Air India - which is phasing out Boeing B747-400s and Airbus A310 freighters - has terminated the service contracts of 30 of its pilots who fly the freighters with more cuts expected at the loss-making carrier. Air India currently has six B747-400s and two A310 freighters and recently leased out two other A310 freighters to the Delhi-based cargo upstart, Aryan Cargo. … [Read more...] about Air India cuts freighter pilots
Striking Air India pilots end crippling strike
Air India pilots ended their four-day wildcat strike yesterday after the government over-ruled management's plan for massive wage cuts impacting up to 7,000 employees. Loss-making, state-run Air India had canceled a quarter of its international and domestic flights and was working to suspend bookings on more flights as a result of striking pilots unhappy with a recent Air India Board decision to cut employee incentive payments by between 25 and 50 per cent. About 250 pilots refused to work since … [Read more...] about Striking Air India pilots end crippling strike
No pay leave extended at Singapore Air
No-pay leave extended at Singapore Air Faced with ongoing drop in load factors, excess capacity and falling yeilds, Singapore Airlines (SIA) has started preliminary talks to get its passenger plane pilots to take voluntary no-pay leave. This follows the recent agreement with 25 of its cargo pilots who voluntarily will go on no-pay leave for up to 30 months, with up to 25 more cargo pilots expected to be asked to also opt for the scheme. This comes as the airline prepares to slash up to 11 per … [Read more...] about No pay leave extended at Singapore Air
