EMCC European Monitoring Centre on Change

Rīga International Airport

Company/Organisation:
Rīga International Airport

Geographic Location

Country: Latvia
Region: Pieriga; Latvija
Location of affected unit(s): Mārupe

Company

Sector: Transportation / storage
Transportation and storage
52.23 - Service activities incidental to air transportation
Number Employed: 1200

Employment Effects

Announcement Date: 07-04-2020
Planned Job Reductions min: 500
Planned Job Reductions max: 500
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-06-2020
Foreseen End Date: 01-06-2020

Additional Information

State JSC Rīga International Airport has started negotiations with trade unions on collective redundancy affecting 500 employees. The collective redundancy process will end on June 1. Until then, all airport employees will remain in place. In cooperation with the Ministry of Transport the airport's management has worked out and submitted to the government detailed proposals for government support measures to keep the company going and ensure its operations in the long term. The company also emphasizes that any airport employee affected by the redundancies can expect to return to work as soon as the crisis is over and the aviation industry and airport resume operations.

Due to the crisis caused by the COVID-19 pandemic, Latvia declared emergency state. As a consequence, Riga international Airport has suspended nearly all operations and has introduced cost saving measures. It plans to cut investments by 85% and operating expenditures by 60%.

State JSC Rīga International Airport currently employs 1,200 employees.

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