A very SAD day for a 100 years old AVIATION INDUSTRY Worldwide!!

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*A very SAD day for a 100 years old AVIATION INDUSTRY Worldwide!!*



*EMIRATES AIRWAYS* grounds 38 A380s and cancels all orders for the Boeing 777x (150 aircraft, the largest order for this type). They "invite" all employees over 56 to retire

*ETIHAD AIRWAYS* cancels 18 orders for A350, grounds 10 A380 and 10 Boeing 787. Lays off 720 staff!

*LUFTHANSA AIRLINES* plans to ground 72 aircraft!
(in 2 instalments).

*THAI AIRWAYS* files for bankruptcy.

*SOUTH AFRICAN AIRWAYS* files for Bankruptcy!

*FINN AIR* returns 12 planes and lays off 2,400 people!

*FIJI AIRWAYS* lays off more than 7OO employees, including pilots.

*VIRGIN AIRWAYS* fires more than 3,000 people including 600 Pilots!

*VIRGIN AUSTRALIA* files for Bankruptcy!

*SAS* returns 14 planes and fires 520 pilots.
The SCANDINAVIAN states are studying a plan to liquidate NORWEGIAN AIRLINES and SAS to rebuild a new company from their ashes.

*NORWEGIAN AIRLINES* completely stops its long-haul activity!!!
The 787s are returned to the lessors!

*BRUSSELS AIRLINE* reduces its fleet by 50% (and associated redundancies).

*AIR MAURITIUS* goes into Administration.

*IAG (BRITISH AIRWAYS)* grounds 34 planes. Everyone over 58 to retire

*IAG (BRITISH AIRWAYS parent company)* abandons plan to takeover *AIR EUROPA* and will pay €40 million as compensation for that.

*IAG (IBERIA)* grounded 56 planes.

*LUXAIR* reduces its fleet by 50% (and associated redundancies)

*CSA* abolishes its long-haul sector and keeps only 5 medium haul aircrafts.

*YOU* grounds 22 planes and fires 4,100 people!

*RYANAIR* grounds 113 planes and gets rid of 900 pilots for the moment, 450 more in the coming months!

*WIZZAIR* returns 32 A320s and lays off 1,200 people, including 200 pilots, another wave of 430 layoffs planned in the coming months. Remaining employees will see their wages reduced by 30%!

*EUROWINGS* goes into Bankruptcy

*HOP* is studying the possibility of reducing fleet and staff by 50%.

Currently, *60 new aircraft stored at AIRBUS with no buyers* in sight (order cancellations) including 18 A350s.

They forecast a minimum of *8,000 grounded planes by September* that may sadly layoff more than *90,000 unemployed pilots Worldwide*

"The AIR TRANSPORT Industry is on Life Support!"

This will have a major impact on our lifestyles.

*UNDENIABLY, THE WORST IS YET TO BE WITNESSED!!*

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