Originally Posted by
Big Tudor
Try reading up a bit more then. Try looking into EasyJet, RyanAir, Lufthansa, Air France, SAS, Emirates, Etihad, etc, etc. In fact TUI seem to be the only ones not facing this issue. Curious as to what their plans actually are given they announced 8,000 job cuts globally and recently disclosed plans for fleet reduction in Germany?
easyJet- what a mess. Not worth mentioning yet.
Ryanair- no redundancies 20% pay cut for all pilots and kept the head count
Lufthansa, SAS, Emirates ect. Completely different market.
TUI saw sense and realised that IATA predict the Short haul market will back back to pre Covid levels by mid summer ‘21. Keep the headcount and keep their market share. Enough reading for you?