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Old 8th Sep 2008, 15:56
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billyg
 
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This from the Spanish Press


Palma, Sept. 8 (EFE) .- The president of the charter airline Futura, Roman Pané, has advanced the feasibility of the plan will lead the company to cut half its workforce-about 600 of its 1,211 employees, and reduction "drastic" of its fleet of high season, from 22 aircraft to 12 or 13 aircraft.

Pané has offered a press conference in which he explained that the presentation today of a contest voluntary creditors and the critical economic situation of the company should be so crucial to the "bestial and" speculative "rise in oil prices.
Tomorrow, Tuesday, as insured, Futura will progressively resume the activity of its flights, and on Friday before Civil Aviation must submit a plan for viability, which wants to agree with unions.
After meeting this morning for about three hours, the management and employee representatives, PAN has appeared before the media.

As explained above, cutting the workforce does not have much to do with the situation of the company with how the situation facing the aviation sector, which must make a "major effort to adapt to an environment that will never be what it was in the past. "
The airline has been in the past eighteen years, recalled, a "reference" for the sector in management, profitability and safety of their flights, but "unfortunately" the company is experiencing today by economic problems caused by a "plenty of reasons", as the drop in demand and, most importantly, for both crude.
Payment of the oil that has faced Futura in July and August "has destroyed" the results of summer the company, whose principal activity is recorded in the summer months.

During the winter, Future plans to maintain 5 flights, but is forced to reduce its fleet during the high season, has been clarified.
The viability plan, as has commented Pané, supposed to reach agreement with staff of the company and creditors, and "perhaps" alienate any of the assets of the company.

The "reason" in which the direction of Future yesterday decided to discontinue its aerial activity for 24 hours was "planning for how the operation should be done when it comes to air traffic", has maintained the president.
"Yesterday we were scared, but today at least we have an illusion as a company and fight for it," he asserted Pané, who has been clarified that the 1,211 employees, 800 are fixed and about 600 work in Spain.

In addition to the decrease in staffing, has realized the president, should also be a "major effort" in terms of salaries of workers and "achieve imaginative ways to make the enterprise viable" as they agree that both address as employees, as he said.
Pané has not quantified the debt of Futura, but it has realized that the cancellation of the company's operations for 24 hours has affected some 8,000 passengers.
Moreover, the works council of the airline acknowledged that the situation of the company will mean cutting its workforce.

This is explained by the works council member Alejandro Juarez (CCO), has said that trade unions aspire to "preserve" jobs and the continuity of the company.

The leader of CCO has pointed out that unions are "very critical" with the decision "unilateral" of the company today paralyze the airline business for 24 hours.

The template Future "it feels like a huge nerves," he acknowledged Juarez, who has announced that unions will "pose anything to keep jobs."


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