EMCC European Monitoring Centre on Change

Smartwings

Company/Organisation:
Smartwings

Geographic Location

Country: Czechia

Company

Sector: Transportation / storage
Transportation and storage
49.20 - Freight rail transport
Number Employed: 2500

Employment Effects

Announcement Date: 30-06-2020
Planned Job Reductions min: 600
Type of Restructuring: Internal restructuring
Employment Effect Start: 01-07-2020
Foreseen End Date: 01-02-2021
Direct Dismissals: 600

Additional Information

The Czech air carrier Smartwings, which also includes flagship carrier Czech Airlines (ČSA), is to cut up to 600 jobs by February 2021 because of the COVID-19 crisis. The redundancies should take place gradually from July 2020 to February 2021 and will affect the pilots, flight crew and operational and administrative staff. Most employees will be dismissed at the ČSA - almost 400 people out of 700 employees will lose their jobs by the beginning of August 2020.
Smartwings, which has about 2,500 employees and operates a fleet of 50 planes on mainly European routes, has been in talks with the Czech government over state aid. The government agreed on Monday 27 June that transport and travel companies may be eligible for a state loan guarantee programme COVID plus.
 

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