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TUIFly - it had to come

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TUIFly - it had to come

Old 6th Jun 2020, 14:28
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TUIFly - it had to come

From today's Daily Telegraph Travel news:

'TUIfly, the airline of Europe's biggest tour operator, TUI, is seeking to cut 1,000 jobs as part of a plan to halve its fleet, Reuters is reporting. The layoffs will include cutting 270 pilots, around 430 cabin crew, 190 technicians and 100 employees in administrative roles, sources told the news agency. TUIfly has around 2,000 staff at present.

A spokesman for TUIfly said current market conditions only support the need for around only half of TUIflyís 39 Boeing 737 aircraft.'

Which just leaves those in the rarified atmosphere of L(B)a L(B)a Land to declare.
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Old 6th Jun 2020, 15:22
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This was from a report in the German press, re-reported by Bloomberg and now onto the Telegraph. If you read the German original the article only reports on affected German units and bases. It may well be that more will come, but don't be hasty precious!
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Old 6th Jun 2020, 19:35
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Originally Posted by judge11 View Post
A spokesman for TUIfly said current market conditions only support the need for around only half of TUIflyís 39 Boeing 737 aircraft.'
And the leisure market conditions for August to October may support a hell of a lot more than half the fleet. Next year may even support all of the current fleet, such is the potential for the recovery of the short-haul leisure sector.

Sounds like a fire and re-hire, smash and grab.
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Old 6th Jun 2020, 19:41
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As Macdo said, TUIfly is the German part of the TUI group, the UK arm I believe is TUI Airways
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Old 6th Jun 2020, 20:00
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I suspect the loss of the euro wings wet lease work will be playing a fairly big part in this reduction.
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Old 6th Jun 2020, 21:20
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TUIfly is an odd outfit that has done lots of domestic work on behalf of a few carriers. The management has been complaining about market saturation in Germany for ages. They were going to expand recently as they thought Condor was a gonner but I believe itís been bankrolled for a bit longer.

Itís a crying shame either way.

No plans for redundancies yet in the U.K.
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Old 7th Jun 2020, 00:31
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Originally Posted by Mr Good Cat View Post
And the leisure market conditions for August to October may support a hell of a lot more than half the fleet. Next year may even support all of the current fleet, such is the potential for the recovery of the short-haul leisure sector.

Sounds like a fire and re-hire, smash and grab.
In the first bit, you sound like the world's biggest optimist, but then switch to being a pessimist. Leisure travel will be a no-go with any additional COVID outbreaks
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Old 7th Jun 2020, 19:46
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Originally Posted by Anti Skid On View Post
In the first bit, you sound like the world's biggest optimist, but then switch to being a pessimist. Leisure travel will be a no-go with any additional COVID outbreaks

Following the EU's intra agreements. June 28th is pretty early.

I think it's too late to go back into a lockdown for most countries. The money has run out and the economy is starting to dictate things (look at Spain and Italy). In the UK particularly, a large proportion of the population will refuse (and already is refusing) to comply with restrictions. Partly due to the Cummings fiasco and partly due to the fact that they've witnessed the BLM protests go uninterrupted and unenforced.

I'm not being blindly optimistic, merely observing behaviour. Look at the Austrian tourists who have just bypassed border restrictions by using Switzerland to get to the Italian beaches!

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Old 7th Jun 2020, 21:43
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Either alternative will involve loads of collateral damage at this stage. It's an almost impossible balance between contagion, social unrest, mass unemployment with even greater unrest, lack of means to pick up whatever's left of the economy by the time the dreaded lurgy is over and whatnot else. So, the least damaging scenario seems to be to try and put together some semblance of normality by July. Whoever's taking reasonable care of themselves and their nearest and dearest now will be doing the same in a month's time. Whoever's not will find a way to do their own thing even under a strict lockdown. Were all those mass gatherings totally legal and appropriate under the circumstances? I bet not, but that didn't stop the crowds from attending. So, there's hardly any point in doing further damage by restrictions which can no longer be imposed in a non-forceful manner.
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