There was more misery for workers in the South today - with the news that up to 500 jobs are to go at FlyBe. Sangeeta links to Transport Correspondent Mike Pearse. Interviewee is Jim McAusland of British Airline Pilots' Association.
– Saad Hammad, Chief Executive Officer
I joined Flybe in August this year.It was clear to me that the existing Phase 1 and 2 cost savings were necessary, but we simply needed to do more and do it immediately. The business needed action now and so today we're explaining our next phase which encompasses a review of everything we do and how we do it. Most of the immediate actions are completed, being implemented or already being consulted on. Unfortunately there is a proposal for further redundancies.We'll consult with the trade unions and employees to ensure that this is done fairly and delivers the right outcome for the business."
One of the regions biggest airlines is to cut 500 jobs in a new move to reduce costs. Flybe, the major carrier out of Southampton Airport, has just announced the move to stop losses. It is not known how many staff in the Hampshire city will be hit.
The airline recently announced it would be axing all of its routes out of Gatwick and has sold its take-off slots to Easyjet.