HOME arrow Northport Oy to begin YT negotiations

Northport Oy to begin YT negotiations

25-Feb-2009
Airline Code [FIN]  View More Finnair News   
Northport Oy to begin YT negotiations

Tags :UK, Finnair, Northport Oy

On 02-Mar-09, the Finnair subsidiary Northport Oy, which provides ground handling services, will begin statutory negotiations under the Act on Code termination within Undertakings (YT negotiations) in order to reduce personnel costs. A cost-cutting programme will seek savings of at least EUR3.5 million.


 
Northport Oy's operations will be directed in future more at peak traffic periods, outside of which the need for labour is much reduced. The number of flights outside peak periods has clearly declined, says Northport Managing Director Jukka Hmlinen.
 
The estimated reduction of around 90 man working years to be discussed in the YT negotiations could be implemented through redundancies, part-time working and possibly also by outsourcing operations. In addition, possible temporary lay-offs would affect all Northport Oy employees.

 

(c) Centre for Asia Pacific Aviation. Date posted: 25-Feb-09

Other Finnair News