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Finnair CEO: 50% Of The Workforce Can Be Fired!  
User currently offlineFFlyer From United States of America, joined Nov 2001, 733 posts, RR: 0
Posted (4 years 10 months 4 weeks 1 day 22 hours ago) and read 7473 times:

It's been a while since I've heard from my Finnish friend, but this is from today: Finnair CEO has basically said that the company has three options, 1) to change the course (strategy?), 2) merge with somebody, or 3) get rid of 4,000-5,000 employees, around half of it's current workforce! I guess this is one of those "Do this, or....." speeches, but it still sounds quite dramatic.

8 replies: All unread, jump to last
 
User currently offlineLxmd11 From United States of America, joined Aug 2009, 149 posts, RR: 0
Reply 1, posted (4 years 10 months 4 weeks 1 day 21 hours ago) and read 7298 times:

Maybe they could jump in with the hopeful BA IB merger. That would be interesting.

User currently offlineN623JB From United States of America, joined Sep 2007, 703 posts, RR: 0
Reply 2, posted (4 years 10 months 4 weeks 1 day 21 hours ago) and read 7169 times:

Iberia is merging with British Airways? I didnt even know that one..I wonder what effect would it have in JFK?hmm..


Bring JetBlue To Mexico City! (TLC and/or MEX would be great)
User currently offlineAverageUser From , joined Dec 1969, posts, RR:
Reply 3, posted (4 years 10 months 4 weeks 1 day 20 hours ago) and read 6995 times:

He's free to say whatever pleases him and probably does, he has resigned already, due to leave in less than 6 months.

He may be a passable manager, but a poor leader who has managed to burn bridges with most staff in relatively few years.

The next guy or girl has to be someone from the ranks, someone who's showing a willingness to get back to the basics: 1) serving the customer and his/her wallet, 2) flying the planes right and 3) keeping the staff loyal. If that can't be met, I propose starting doing business as "Aero" again and forming "Aero-Aeroflot" or "A2".


User currently offlineSomeone83 From Norway, joined Sep 2006, 3312 posts, RR: 3
Reply 4, posted (4 years 10 months 4 weeks 1 day 19 hours ago) and read 6793 times:

Any links regarding this info?

User currently offlineCXA330300 From South Africa, joined May 2004, 1560 posts, RR: 2
Reply 5, posted (4 years 10 months 4 weeks 1 day 18 hours ago) and read 6590 times:

I can see a BA-IB-AY merger working.

As far as markets are concerned, IB for LA/Spain, BA for the World with AY adding on for Scandinavia/Russia and Asia. AY works more for Asia-Central/Eastern Europe, but WE definitely BA.

AY would probably be served well by merging with larger airlines, and the additional component wouldn't hurt against the LH juggernaut.



The sky is the limit as long as you can stay there
User currently offlinePyh From Finland, joined Oct 2001, 146 posts, RR: 0
Reply 6, posted (4 years 10 months 4 weeks 1 day 9 hours ago) and read 6090 times:



Quoting Someone83 (Reply 4):
Any links regarding this info?

Here.

Unfortunately only in Finnish.


User currently offlineAndaman From , joined Dec 1969, posts, RR:
Reply 7, posted (4 years 10 months 4 weeks 1 day 6 hours ago) and read 5140 times:

FFlyer is good at picking bad news from AY  Wink

You just left out this was a blog writing for the staff from the resigned CEO who didn't get along with the unions, especially with the pilots. I think we need a second opinion from the new CEO, next winter will tell more, many ways.

Quoting AverageUser (Reply 3):
He may be a passable manager, but a poor leader who has managed to burn bridges with most staff in relatively few years.

 checkmark 

Quoting CXA330300 (Reply 5):
I can see a BA-IB-AY merger working.

That could actually happen, one way or another.


User currently offlinePylon101 From Russia, joined Feb 2008, 1436 posts, RR: 0
Reply 8, posted (4 years 10 months 4 weeks 23 hours ago) and read 3225 times:

Merger trend rules these days.
But merger in terms of economics can not be the ultimate solution of aviation industry's problems. Merger swallows issues to some extend - but sooner or later it may lead to troubles of giants.
This way 3 companies will remain in Europe: BA, AF and LH.
When economy - hopefully - restores and start growing, we may witness the reverse process.
Internal contradictions - not visible for us - may explode those bunches of mergered companies.

Such a unque companies as OY can actually gain - if it goes through these times stayng independent.


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