Amid the ongoing Covid-19 pandemic, Manchester Airport Holdings (MAG) has announced different measures, including temporary layoffs, to decrease costs and preserve resources.
The airport group has announced that its airports have seen reduced passenger numbers due to the decrease in air travel demand.
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The group has planned to introduce different measures, including forced yearly leave, decreased working hours, temporary layoffs and pay cuts.
A statement added that the group’s executive team will also take a pay cut and has stopped recruitment and capital expenditure.
MAG CEO Charlie Cornish said: “These are difficult decisions for MAG and they have not been taken lightly. We recognise the impact they will have on our people and we will be consulting with our colleagues.
“Our aim will always be to protect jobs wherever possible, and we need to take these steps now to ensure the company’s future.
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By GlobalData“I am in no doubt that this outbreak is the greatest threat the UK’s travel sector has ever faced. Government needs to take decisive action now to make clear its total and unwavering support for airports, airlines and other travel companies.”
MAG oversees operations at Manchester, London Stansted and East Midlands airports.
Cornish added that the country’s aviation industry has supported the growth of the UK and offers important services to the economy and the regions requiring air connectivity.
He called on the government to implement decisive action to support airports, airlines and other aviation sector stakeholders.
He further added: “We will continue to monitor the situation and make further announcements on MAG’s operations as the Covid-19 situation develops.”
UK flag carrier British Airways has also planned to layoff staff and ground more aircraft as the pandemic continues to expand worldwide.
