737Driv3r
The point being that NAS didn't have to pay any wages during the ERTE period and when the negotiations are over and ERE kicks in NAS won't have the money to meet the obligations, and once again the Spanish government systems will have to kick in to pay the settlements. According to Spanish laws, once collective dismissal starts within 6 months of commencing operations again, NAS may also have to refund the social security contributions they were exempt from plus a 20% charge, There is no provision in their examinership plan for any of this.
It just seems awfully wrong that the bases are being kept open without the commitment to keep employees on until/ if things pick up.
The very minimum they could do is retain enough staff to crew the projected 6 airframes for 2022, especially as they are boasting about cash reserves and proactively recruiting abroad.
European travel is opening up and it appears the lessons of the past went out of the window.
Last edited by Avenger; 8th May 2021 at 10:05.