EMCC European Monitoring Centre on Change

OSM Aviation Finland

OSM Aviation Finland

Geographic Location

Country: Finland


Sector: Transportation / storage
Transportation and storage
51.1 - Passenger air transport
Group: Norwegian

Employment Effects

Announcement Date: 26-06-2020
Planned Job Reductions min: 320
Type of Restructuring: Bankruptcy
Employment Effect Start: 26-06-2020

Additional Information

OSM Aviation Finland, a staffing agency owned by the commercial aviation company Norwegian, has filed for bankruptcy in Finland. In total 320 employees, who have been working as members of the cabin crew on Norwegian’s planes, will lose their jobs. 

Due to the COVID-19 pandemic, many countries have set travel restrictions which led to a decrease in the volumes of air passenger travel, which has had a significant impact on the aviation company Norwegian. In April 2020, four of its subsidiaries filed for bankruptcy in Sweden and Denmark. OSM Aviation Finland, a subsidiary that employs cabin crew working on Norwegian's planes filed for bankruptcy in Finland.