4 May, 2021 @ 12:45
1 min read

Norwegian Airlines cuts 1,200 jobs and closes bases across Spain

Norwegian Air

TROUBLED low-cost carrier Norwegian Airlines has announced that it will cut 1,200 jobs across Spain in a European restructuring plan as it battles with debt during the COVID-19 pandemic.

The Oslo based company announced last week that it would be laying off 85% of its Spanish workforce, a figure amounting to 1,191 jobs across the country.

The job cuts will be the result of the closure of three national bases in Spain, Barcelona, Gran Canaria and Tenerife Sur.

Union bosses have announced that its hubs in Alicante and Malaga will remain open but with reduced capacity with just one aircraft operating out of each.

The cuts are part of a global restructuring plan of the airline, with it ceasing all its long haul operations, putting an end to its US, Asia and UK flights.

This plan has also reduced its entire air fleet from 156 to just 50 aircraft as of April 2021.

The long haul scraps have been made to protect its core domestic and regional flying routes according to the company, who are in the midst of battling the severe financial damage caused by COVID-19.

The airline, once Europe’s fourth most popular budget carrier behind Wizz Air, easyJet and Ryanair, has amassed debts of over €4.3 billion over the past 18 months.

This led the airline to seek out support from the courts who approved a survival plan last month to bail out both Norwegian and its subsidiaries.

Norwegian is the latest European carrier to receive government bailouts due to the COVID-19 pandemic.

In Spain, Iberia and Vueling have both been the subject of government loans, with each receiving €750 million and €260 million respectively from the Spanish government.

READ ALSO:

James Warren

"James spent three years spent working as a junior writer at various English language newspapers in Spain before finding a home at the Olive Press. He previously worked for many years as a bid writer for an international motorsports company. Based in Cordoba since 2014, James covers the southern Subbetica region, northern and inland Malaga and the Axarquia area. Get in touch at newsdesk@theolivepress.es with news or trustworthy tips that you would like him to cover in these areas"

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Previous Story

Home Field to Give Spain a Huge Advantage in Euro 2020 Group

manacor mallorca
Next Story

BREXIT: Brits unite in fight to extend 90-day allowance in Spain

Latest from Business & Finance

Go toTop

More From The Olive Press