TAP Air Portugal reaches emergency agreement with unions
TAP Air Portugal announced (28-Feb-2021) it reached emergency agreements with employee unions, adapting the agreements to the new competitive reality of the aviation industry. The agreements specify changes to working conditions and the non-application or suspension of provisions included in the collective bargaining agreements by applying an alternate framework. TAP also developed a set of labour measures based on voluntary adherence for employees, which includes mutually agreed terminations, early retirement, pre-retirement, part-time work and unpaid leave. The adherence process commenced on 11-Feb-2021 and will end on 14-Mar-2021. After the level of adherence to the voluntary measures is analysed, further measures may be implemented, which are necessary to adjust the structure of labour costs, compatible with the current and forecast level of operation and revenues of TAP. The emergency measures commenced on 01-Mar-2021 an
Pakistan Civil Aviation Authority to implement new organisational structure
Pakistan Civil Aviation Authority (PCAA), via its official website, announced (05-Jan-2021) plans to implement a new organisational structure separating the PCAA into three divisions: a Regulatory Division, an Airport Services and Operations Division, and a Support Functions Division (
Dawn/
Geo News, 06-Jan-2021). The PCAA will appoint an additional DG (Regulatory Division) and an additional DG (Airport Services and Operations Division), with the two roles serving under the PCAA DG.
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Comair receives rescue plan funding, repays financiers
Comair (South Africa) issued (05-Jan-2021) the fourth status report on its business rescue proceedings. Details include:
Aviation operations resumed on 01-Dec-2020;
The company has received both equity and debt funding under the rescue plan. Financiers that assisted the company in managing itself out of financial distress have been repaid. Alternatively, the company s indebtedness has been merged into existing facilities;
All remaining creditors are required to lodge claims by 01-Feb-2021. [more - original PR]
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Unite the Union confirms British Airways cargo strike to go ahead from 25-Dec-2020 centreforaviation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from centreforaviation.com Daily Mail and Mail on Sunday newspapers.