EMCC European Monitoring Centre on Change

EAAC (European Aviation Air Charter)

Company/Organisation:
EAAC (European Aviation Air Charter)

Geographic Location

Country: United Kingdom

Company

Sector: Transportation / storage
Transportation and storage
51 - Air transport
Number Employed: 620

Employment Effects

Announcement Date: 19-03-2004
Planned Job Reductions min: 560
Planned Job Reductions max: 560
Type of Restructuring: Internal restructuring

Additional Information

EAAC, air charter, is to cut 560 jobs, i.e. 90% of its workforce. Some 60 employees will still work for the company after the restructuring.