Reading Time: < 1 minute Spirit AeroSystems, Boeing 737 MAX parts supplier, announced about upcoming workforce reductions due to 737 MAX production halt, uncertainty over its timing and the expected levels of production after it resumes.  In a notice under the Worker Adjustment and Retraining Notification Act, the company said that the first round of lay-offs will affect approximately 2,800 […]

Reading Time: < 1 minute Loss-making Tunisair is seeking governmental approval to lay off 1,200 of its currently bloated 8,000-staff workforce. The flag-carrying airline is 74% owned by the Tunisian government. The carrier is currently struggling to keep aircraft in service owing to restricted cash flow, the consequence of an excessive wage bill, which is stopping it from buying much […]