To save money, Heathrow to put all…

To save money, Heathrow to put all its staff onto furlough for a month each, between 1st December and 31st March 2021
2020-11-20 17:55:00
Heathrow is now to furlough its entire senior management team apart from its chief executive, John Holland-Kaye. It will also pave the way for more permanent job losses, as it is very unlikely that the 2019 level of demand for air travel will return for years, if ever.  Sky News reports that it has seen emails sent by Heathrow executives which detail plans for a new voluntary redundancy scheme and a requirement for staff to be placed on furlough for at least four weeks between 1st December and 31st March. Sky says: “Sources said the furlough requirement would apply to every Heathrow employee other than John Holland-Kaye.”  Not only senior management. The airport is estimated to have lost £1.5bn since the start of the Covid pandemic. It is losing about £5m every day while it remains open, with so few passengers or flights. The number of passengers was down 82% in October, compared to a year earlier. There have been talks with the trade unions, about job cuts, big pay cuts, worse pension terms and worse employment terms for many of the 5,700 people who work for the airport. There will be a 4 day strike in December, and unions say Heathrow “will grind to a halt”. .Tweet   Heathrow turns screw on cost cuts with new furlough plan The UK’s biggest airport is to furlough its top team and end subsidised travel in a bid to slash costs, Sky News learns. By Mark Kleinman, City editor (SKY) Friday 20 November 2020 Heathrow is burning through £5m every

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