Staff working for Liverpool John Lennon airport face redundancies, lay-offs, pay cuts and reduced working hours due to a collapse in traffic due to the coronavirus pandemic.
The Merseyside airport revealed that “all cost reduction opportunities are being pursued” with capital expenditure also being deferred.
The airport continues to remain open but with “substantial reductions in flights and passenger numbers” for the coming weeks ahead.
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As a result, cost-cutting measures are introduced being “to ensure the sustainability of the business during these extreme circumstances”.
A spokesperson said this will “unfortunately necessitate salary reductions for airport company employees including the airport’s executive team, reduced working weeks, temporary lay-offs and a number of redundancies. All capital expenditure has been deferred too.
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“Liverpool John Lennon airport plays a significant role in the local and regional economy and whilst this situation is not unique to our business, it is important that we put measures in place that will ensure the sustainability of the business in the short term in order to protect our long term future and be best placed to recover from this crisis in due course with the return of airline operations.”
Chief executive John Irving said: “The threat to the whole UK aviation industry should not be underestimated and we await details of the government’s potential support package for airlines and airports announced by the chancellor, which will be needed to help our industry survive this unprecedented collapse in business.”