Swissport’s UK and Ireland subsidiary has announced that it is to cut its 8,500 workforce by 50%.
Jason Holt, chief executive officer, UK and Ireland, Swissport, commented: “At its core, our business relies on a high volume of flights taking place. When aircraft aren’t flying, our source of revenue disappears.
“We are grateful for the help of government support schemes, which have allowed us to take the time to properly consider our position and do everything possible to work for solutions that will protect jobs. But we now must adapt to the unfortunate reality that there simply aren’t enough aircraft flying for our business to continue running as it did before Covid-19; and there won’t be for some time to come.
“It is with regret that today we are taking steps to reduce the size of Swissport’s workforce. Of our circa 8,500 Swissport employees, we expect upwards of 4,000 will leave us, comprising around 50 per cent of our workforce.
“I want to stress that this isn’t in any way a reflection on the dedication of our teams and the quality of their work. The situation we’re facing is one shared by the whole industry. These are very challenging existential times. This is a hard decision to make, but immeasurably harder for our colleagues to hear. But it’s an essential decision if we are to keep operating and to protect as many livelihoods as possible in the long run.”
Oliver Richardson, Unite national officer, said: “We can’t wait any longer, the UK government needs to urgently intervene with a bespoke financial package and an extension of the 80 per cent furlough scheme for the aviation industry.
“Speed is of the essence if the government is to save thousands of aviation jobs and livelihoods. It’s not too late.”