“Despite being one of our least union-friendly airlines, I hope Jet2 negotiates in good faith and works with us on how we can mitigate these proposed losses and see Jet2 thrive in the future. HSBC targets job losses and Asia focus as annual profits fall 34%. Sign In. All rights reserved. There are pros to the job, some of the crew that you work with will become your closest friends and the pay can be good some months depending how you do with commission. All in all I would avoid working for Jet2 like the plague unless you know someone who works in … Login attempt failed, please enter a valid Employee ID number. It also affects package-holiday sister firm Jet2holidays. ", He added: "Despite being one of our least union-friendly airlines, I hope Jet2 negotiates in good faith and works with us on how we can mitigate these proposed losses and see Jet2 thrive in the future.". Jet2 said it would have to axe nearly 500 staff – more than 100 pilots and about 380 cabin crew – due to the collapse in air travel. Airline Jet2 has informed its pilots that they intend to make 102 redundancies as the coronavirus pandemic continues to batter the industry. The United Kingdom is enduring a third nationwide lockdown with people required to remain home amid a resurgence in COVID-19 infections. Friendly flight times to sun, city and ski destinations are all yours to enjoy. A Jet2 spokesperson said: "We have had to reassess and reduce our flying programme for the remainder of 2020 and for 2021. Find out more about life at Jet2.com. The leisure specialist grounded all aircraft for four months between March 17 and July 15, 2020. Last month, the National Assembly of Vietnam approved a VND12 trillion (USD520 million) bailout for majority state-owned Vietnam Airlines (VN, Hanoi), including low-interest loans worth VND4 trillion. Other airlines have already announced job cuts and restructuring programmes as they fight to stay in business. Airlines in other countries, such as Thailand and China, have been offered financial support, she argued, and once Vietnam resumes international flights, they will be in a position to compete fiercely with local airlines. The swap confirms that easyJet will retain 58 weekly slots, while easyJet Europe will hold an additional pair, which it currently uses for services to Amsterdam Schiphol. Canaccord Genuity and Jefferies acted as joint global coordinators, joint bookrunners, and joint brokers while Cenkos Securities plc acted as nominated adviser. Vietnam’s carriers will continue to experience liquidity difficulties in the next two to three years, she added. The fundraise, which Jet2 plc said was significantly oversubscribed, represented 20% of its existing issued ordinary share capital immediately prior to the placing. Jet2: Reported operating losses of £111.2m for the six months to September 30, against earnings of £361.5m a year earlier. This is yet more evidence, if it were needed, of the free-fall in aviation and the knee-jerk way airlines are responding, especially as lockdown is gradually being eased. According to the ch-aviation capacities... Editorial Comment: The article has been updated in regard to easyJet's London area network. Candidate Login Search All Vacancies JOB OF THE WEEK: Search All Vacancies DETAILS > Please Login. EasyJet chief executive Johan Lundgren told Sky News that the UK government's quarantine policy for international travellers will hit the airline industry hard. Quaderstrasse 8 >. - 17.11.2020 - 14:50 UTC. A union has called on the government to step in and delay proposals by Jet2 to cut a total of 102 pilot jobs. Ryanair (FR, Dublin Int'l) will take over 312 weekly slots at London Stansted airport from low-cost carrier rival easyJet (U2, London Luton) at the onset of the summer 2021 season, a slot-swap notice has shown. I report on the Group's trading performance for Jet2.com, our award-winning leisure airline and Jet2holidays, our acclaimed ATOL licensed package holidays tour operator, for the half year ended 30 September 2020.. Cuts at Boeing. O’Leary plans to cut 10% of pilots as ‘resignations dry up to zero’ after pay deal. Leeds-based airline Jet2 has confirmed it is planning to cut jobs and its flight schedule. "Based on the indicative scenario planning undertaken by management, the Board believes that the proceeds will provide sufficient liquidity on an extended and likely unpredictable shutdown basis to deal with this continually challenging trading environment," Philip Meeson, Executive Chairman of the Group, commented. Jet2.com pilot jobs and payscales. The ch-aviation fleets advanced module lists Jet2's fleet as including one A321-200, seven B737-300s, seventy-four B737-800s, and eight B757-200s. Jet2 reveals £109m coronavirus loss as staff take pay cut 24 April 2020 Jet2 expect to incur costs of £109 million following the grounding of flights in the wake of the coronavirus pandemic. In a stock market filing, the Jet2 (LS, Leeds/Bradford) parent said it had grossed total proceeds of approximately GBP422 million through the fundraise which comprised 35,166,654 Placing Shares and subscriptions for 593,561 Retail Shares, in each case at a price of GBP1.18 (USD1.63) per ordinary share. The airline said it was “greatly distressed” and “deeply regrets” the cuts, which have been “entirely caused by the current situation.”. Invalid Email. Jet2 (LS, Leeds/Bradford) has confirmed a plan to make 102 pilots redundant across most of its bases, the British Airline Pilots Association (BALPA) said in a statement on August 16. The news comes after Boeing, the jet manufacturer, last night announced plans to dismiss more than 12,000 workers. In the slot swap request, Ryanair filed a placeholder schedule using the same destinations as previously operated by easyJet. Ryanair is already the largest operator at Stansted, holding 2,312 weekly slots, over two-thirds of all. Full list of job losses by British employers since the start of coronavirus pandemic. Job losses, Chilango, rents, Jet2, Carnival, G4M & other: PREMIUM EMAIL – PLEASE DO NOT FORWARD: A DAY IN THE LIFE: The number of out-of-office replies to our morning email has been multiplying in recent days and, rather than try to beat them, Langton will be joining them. Whilst we have every confidence that we will bounce back from the unprecedented demands currently placed on the Company, we sadly do have to make difficult decisions in the current climate. Owner of Germany's SundAir pursuing a Croatian AOC, Norwegian: more units bankrupt, more aircraft remarketed, Greece’s orange2fly loan declined, given creditor protection, Switzerland's Edelweiss Air to consolidate widebody fleet, EgyptAir to establish low-cost project - minister, UK's Jet2 raises $584mn via share issuance, UK's Jet2 suspends flight operations through late 1Q21, VietJetAir, Bamboo Airways appeal for state aid, Ryanair takes over bulk of easyJet's Stansted slots, "News to go" - Ability to view multiple full news articles on one page, Full access to all news articles including exclusive stories reported first by ch-aviation, Extended Search Options for over 7,490 Airlines, Historical Information (Launch/End/Merger details), Search Airlines by Alliance, Airline Type, Status, Search Airlines by Homebase, Country or Routes/Countries served, Search Airlines by Aircraft Type and/or Fleet Size, Legal Name, Address, Phone, LinkedIn page and E-Mail, Average Fleet and Subfleet age and total number of seats, Create your own favorite lists to group News articles, Extended Search Options for over 6,000 Airports, Airport Lists by State, Country or Continent, Aircraft Stored, Scrapped or Written Off at Airport. Budget airline Jet2 has confirmed plans to axe more than 100 pilots across the UK, as coronavirus continues to hit the ailing aviation sector. Get great value and first-rate service when you fly with award-winning Jet2.com. The airline would not confirm job numbers. Jet2 is not due to resume flying until July 15, which means that its entire fleet will have been grounded for more than three months. Login attempt failed, please enter a valid Employee ID number. Jet2 (LS, Leeds/Bradford) has announced it will open its tenth British base on April 1, 2021, basing three aircraft out of Bristol Int'l airport.. "Furthermore, the Directors believe the Fundraise will enable management to continue to adopt a... Jet2 (LS, Leeds/Bradford) has suspended all flights through to the end of the current winter season, citing the ongoing uncertainty and travel restrictions caused by the COVID-19 pandemic. 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