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Crisis triggers Airtours cost cuts

AIRTOURS is cutting costs across the business as it tightens
its belt in the wake of the terrorist attacks in the US and the impending
military action.

Staff parties are being dropped, attendance at ABTA is under
review and the company has placed a freeze on all new recruitment and the use
of temporary staff. The Going Places Conference, due to take place in Tunisia
on November 3 and 4, will now be held in the UK and while this week’s UK
managers’ conference will go ahead, dinner and overnight accommodation will no
longer be provided.

Airtours chief executive Richard Carrick said: “If I said
there won’t be job losses, I’d be lying, because I don’t know. Airtours is
having to tighten its belt on all unnecessary expenditure.

“I wouldn’t want to be announcing job cuts without first
having done that.”

 

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