Canadian airline Air Transat will permanently lay off at least 2,000 employees, representing around 40% of its total workforce, after the COVID-19 pandemic forced it to completely shut down operations for nearly four months between April and late July.
Air Transat president and CEO Jean-Marc Eustache said during a Sept. 10 conference call that the reductions must occur “unless the situation improves rapidly.”
Two-thirds of the company’s 5,100-strong workforce is already laid-off on a temporary basis, with their wages partially funded by the Canada Emergency Wage Subsidy, which covers 75% of an employee’s wages—or up to C$847 ($642) per week—for Canadian employers harmed financially by the pandemic.
The Montreal-based leisure carrier was hit particularly hard by the pandemic early on, owing to its predominantly long-haul network, which features flights to European, Caribbean and Latin American vacation destinations from bases in Montreal and Toronto.
Air Transat began furloughing staff in late March, before suspending operations entirely on April 1, after global border closures and restrictions by the Canadian government made most international travel impractical. Read full article on Aviation week
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