They were facing a large reduction in work already pre all this, as Tiger effectively were axing half its network, so axing half its Swissport work also, as they service the entire Tiger contract. They also do the majority of Virgin International work so that is high risk at the moment it seems.
On the the flip side, I guess higher chance they might gain a larger share of Virgin Domestic work when Virgin 2 Launches. The buyers of Virgin will want to know why they pay baggage loaders $30 an hour when they can get a contractor, Swissport, to do it for $20. As they already do it in a large chunk of the network, why not roll it out nationwide! The numbers will be attractive, and if it’s down to a case of doing it, to make Virgin a viable option vs shutting it, then so be it.
Are all their staff not Casual?