EMCC European Monitoring Centre on Change

Flughafen Hamburg

Company/Organisation:
Flughafen Hamburg

Geographic Location

Country: Germany
Region: Hamburg

Company

Sector: Transportation / storage
Transportation and storage
52.23 - Service activities incidental to air transportation
Number Employed: 2000

Employment Effects

Announcement Date: 26-06-2020
Planned Job Reductions min: 200
Planned Job Reductions max: 200
Type of Restructuring: Internal restructuring
Employment Effect Start: 26-06-2020
Other Job Reduction Measures: 200

Additional Information

As announced on 26 June 2020, Germany’s Flughafen Hamburg (Hamburg airport) will be cutting 200 jobs by 2023 due to internal restructuring. The executive director of Hamburg Flughafen is expecting financially hard times for the airport, with €100 million in losses. Passenger volume is expected to be 9 million lower than in 2019. A return to normal pre-COVID levels of activity for the aviation sector can be projected for 2025 according to the announcement. The job reduction will be achieved without recourse to compulsory redundancies.

Flughafen Hamburg has 2,000 employees.

Sources: