The COVID-19 crisis has a severe impact on the airline industry. Despite a majority of airlines receiving financial aid from governments to alleviate the impact of the pandemic, most airlines were forced to significantly reduce employment costs to limit the rate of cash burn.

Barry Kitz, aviation specialist and Senior Manager at hkp/// RemuNet, explains how airlines were affected by the pandemic and what strategies they implemented to reduce employment costs.

Furthermore, he elaborates on how airlines have to cope with high demand uncertainty and focus on remaining an attractive employer in order to attract and retain key talent.

 

Originally at this spot there is a video. To view it, please adjust your cookie settings by selecting the link "Cookie settings" in the website's footer (at the very bottom) and activate "Videos (vimeo)".

* Photo by Spencer Imbrock on Unsplash
Author Barry Kitz

You would like to know more about this topic?

Arrange a (telephone) appointment with Barry Kitz