EMCC European Monitoring Centre on Change

Transavia

Company/Organisation:
Transavia

Geographic Location

Country: Germany
Region: München, Kreisfreie Stadt; Oberbayern; Bayern
Location of affected unit(s): München

Company

Sector: Transportation / storage
Transportation and storage
51.10 - Passenger air transport
Number Employed: 100

Employment Effects

Announcement Date: 14-02-2017
Planned Job Reductions min: 100
Planned Job Reductions max: 100
Type of Restructuring: Closure
Employment Effect Start: 13-02-2017
Foreseen End Date: 31-10-2017

Additional Information

On 13 February 2017, Dutch budget airline Transavia announced to cut about 100 jobs due to closing its site in Munich. The closing will be implemented by the end of October 2017. The company will focus more on the Netherlands and will return its aircrafts from Munich to the Netherlands.

According to the media, this step is due to the highly competitive market, especially with the competitor Eurowings, a subsidiary of Lufthansa.

Transavia was the first budget airline at the airport in Munich opening in 2016.