AirAsia’s combination of lay-offs, diversification and loans is seen as a viable strategy, but analysts say the future is less clear for Malaysia Airlines. Information about Air Asia Malaysia / Air Asia X on PILOT CAREER CENTRE. He recalled how earlier this year, he and his AirAsia colleagues had heard rumours of upcoming retrenchment exercises. Mr.Docter: Jun 5 2020, 07:51 AM. AirAsia is the third airline company to announce a retrenchment due to the pandemic. Notice To AirAsia Over Pilot's "Unsafe Landing" Allegations: Report . Many who were working in travel and tourism have resigned to find better stability in other industries. Other subsidiaries under the group have not been spared as well. All Rights Reserved. Malaysia-based carrier Malindo Air has launched a retrenchment exercise ranging from termination to a year's unpaid leave for 2,647 employees, the human resources ministry said on Wednesday, as the... | December 4, 2020 Your email address will not be published. It’s also reported that AirAsia promises that compensation will be given to those affected. Captain Gaurav Taneja, who runs a YouTube channel, tweeted on June 14 that he has been suspended by AirAsia … Obscene Billboard In KL Is Taken Down Following Backlash. According to Astro Awani, the company will be retrenching 111 cabin crew members out of 1,900 existing ones, 172 pilots, and 50 engineers. Perform Better At Home With The New HP Pavilion All-In-One 24... Wonder Woman 1984 Review: The Blockbuster We Needed, But Not The... Dreaming Of The Swiss Alps – But Which One? It reported that those expected to be laid off include 111 cabin crew members out of 1,900 existing ones, 172 pilots, and 50 engineers. Go surfing or snorkeling in warm blue waters, or stay on land and lounge by the water. — Picture by Shafwan Zaidon. Low-cost carrier AirAsia Group Bhd has been forced to cut cost by laying off over 300 of its staff and personnel. We remain committed to our guests, Allstars, business partners and shareholders to ensure we build a viable and sustainable airline for the long-haul, and for the survival of this airline, the proposed restructuring plan is our only option. Report Top. The publication reported that AirAsia’s chief executive officer Riad Asmat made the bleak announcement earlier this afternoon (Thursday, 4th June). AirAsia To Lay Off 111 Cabin Crew, 172 Pilots & 50 Engineers Low-cost carrier AirAsia Group Bhd has been forced to cut cost by laying off over 300 of its staff and personnel. AirAsia Group Bhd posted a net loss of RM992.89 million in the second quarter that ended June 30, against a net profit of RM17.34 million in the same quarter last year. According to Astro Awani, the company will be retrenching 111 cabin crew members out of 1,900 existing ones, 172 pilots, and 50 engineers. Show posts by this member only | Post #98. According to MalaysiaKini, the lay off will involve 111 cabin crew. Digital. The pandemic has badly hit the travel and aviation industry as NUFAM earlier this week noted that attendants faced salary cuts of up 70% due to travel restrictions. Malindo Air retrenchment plan stands to affect over 2,600 employees — ministry. Das auf Langstreckenflüge spezialisierte Tochterunternehmen AirAsia X bedient 21 Flüge pro Tag. November 04, 2020 15:24 pm +08 -A + A (This article was recast.) Two weeks ago, its long haul arm AirAsia X Bhd proposed a US$15.3 billion debt restructuring and cutting share capital to avoid liquidation. Thus, Fernandes expressed that the company has to gain a minimum of RM 2 Billion ($469 Million) of profit in six months to maintain in a comfortable position. Write CSS OR LESS and hit save. Like in Japan, which AirAsia exited in October ultimately due to Covid, according to Fernandes, AirAsia India controls a minuscule 7 percent of … IN 2001, when Tan Sri Tony Fernandes introduced Asia’s first low-cost airline, AirAsia, by purchasing a failing two-plane carrier for less than US$1, it was the perfect time and place. AirAsia‘s shares plunge after auditor notes ‘going concern’ doubts: Aviation: July 8, 2020: Money Control: Emirates resumes layoffs, fires 800 pilots in a day : Aviation: June 29, 2020: Global Legal Post: DWF to close Brussels and Singapore offices and cut 60 jobs. Currently, only AirAsia Malaysia, Thai AirAsia and AirAsia India are operational but are restricted to domestic flights while AirAsia Japan, the Philippines and Indonesia are not. The Story Behind The “Sweet But Psycho” Girl Who Stabbed Her... 6 Things You Probably Didn’t Know About Brunei Prince Haji Abdul... BLACKPINK’s Lisa Had Been Scammed 1 Billion Won By Ex-Manager. The group has also been seeking a portion of its loans to be guaranteed by the government. The company has around 254 aircraft – most of which are on the ground because of travel restrictions. At the height of the COVID-19 pandemic, when many countries announced lockdowns and border restrictions, the low-cost airline group’s revenue plunged by 96 per cent to RM118.96 million from RM2.92 billion previously. PETALING JAYA: AirAsia staff and musicians are mourning the loss of retrenched pilot and multi-instrumentalist A Sanjiv Daevin, 35, who apparently took his own life on Monday. We Find Out From 2 Business Owners, Why Buy More Than 1? AirAsia is looking to reduce their manpower as reports surfaced of the low cost airliner looking to retrench up to 300 of their staff due to the company being badly hit by Covid-19. Airline operations. KUALA LUMPUR, Oct 9 — Low-cost airline companies, AirAsia Bhd dan AirAsia X Bhd, have confirmed the retrenchment of 10 per cent of their 24,000 employees last week. (Contact: © 2020 Vijandren Ramadass. Macam Yes: How To Create A 5* Spa Experience At Home, Prakash Daniel Leaks His Best Pick-Up Line | After Hours S1:E6, [UPDATED] No Refunds & Credits For AirAsia X Customers Until Airline Restructuring Successful, AirAsia, AirAsia X Laid Off 10% Out Of 24,000 Employees Due To Covid-19, AirAsia Offers Limited RM208 Fixed Fare For All Flights Between East & West Malaysia, But It Ends Today, AirAsia Now Allows 2 Pieces Of Cabin Baggage Again. The source said the next round could involve over 400 employees, similar to the last round of retrenchment which ended last week. Kredit: Insta Co-Pilot Farah Zieda VISIT OUR STORE TO BUY A NEW DESIGN T-SHIRT CLICK https://teespring.com/stores/nh-clothing LIMITED EDITION T-SHIRT! The Winners For 100 Most Handsome & Beautiful Faces Of 2020... 6 Malaysians Who Are Instafamous For The Wrong Reasons, Indian Hockey Captain Manpreet Singh Pawar Marries M’sian Sweetheart. VP of Scientific Research & Development. All Rights Reserved. According to MalaysiaKini, the lay off will involve 111 cabin crew. The last round of retrenchment involving cabin crew and pilots ended in early October. AirAsia has you covered with easy ferry ticket booking to the most scenic and beautiful islands in Asia. 172 pilots and 50 engineers, and those involved will be notified via email within 24 hours. a) Malaysian citizen, aged between 18 and 28 as at date of application AirAsia To Lay Off 111 Cabin Crew, 172 Pilots & 50 Engineers, AB6IX’s Lim Young Min Caught Drunk Driving; Agency Responds, Cinta Bae Kicap: Astro Under Fire For Showing Local Movie With Racial Slur, AirAsia Is Offering RM50 e-Vouchers To Cuti-Cuti Malaysia, AirAsia Japan Files For Bankruptcy; Refund Process To Start In April 2021, Tan Sri Tony Fernandes Is Doing Food Deliveries For AirAsia Food, AirAsia Plans To Lay Off Several Hundred Workers Again This Month, You Can Now Purchase AirAsia’s All-In One Way Fixed Fare For RM88, AirAsia Offers Domestic Unlimited Pass RM399 Beginning 11th June. For This Café, Going Digital Isn’t Just About Selling Food – But Giving Back To The Community, Is “Going Digital” As Easy As They Say? The retrenchment scheme is expected to reach all affected staffs via e-mail within 24 hours, with details of their compensation. Allein Air Asia bietet 180 Flüge pro Tag an. AirAsia also announced a schedule for the resumption of limited domestic flights. © 2020 The Rakyat Post. AirAsia X CEO Benyamin Ismail said, “AirAsia X and other airlines the world over are struggling to survive amidst the global crisis of COVID-19 pandemic. Our Favourite Christmas Shopping Mall Decorations For 2020. Save my name, email, and website in this browser for the next time I comment. Besides adjusting organisational restructuring and downsizing operations, AirAsia Berhad has found itself against a brick wall. AirAsia is said to be downsizing its workforce yet again, according to a recent report by Astro Awani. With AirAsia you can book every leg of your journey, from flights to hotels to rental cars and even your ferry passage. AirAsia has said it is looking to raise as much as RM2.5 billion by year-end, RM1.5 billion of which could be in bank loans. Card PM. Welcome to Pilot Career Centre - Pilot Jobs and more! Get the latest COVID-19 updates on TRP’s Facebook, Twitter, and Instagram, Unkempt in both stories and appearance, Hakim loves tech but tech left him on read, previously he used to write about tall buildings and unoccupied spaces that he can’t afford, and legend has it that he still can’t afford it to this day. KUALA LUMPUR: AirAsia Bhd and AirAsia X Bhd have confirmed the retrenchment of 10% of their 24,000 employees last week. Subscribe to our new Telegram channel for the latest updates on Covid-19 and other issues. Air Asia ist seit dem Gründungstag stetig gewachsen und verfügt mittlerweile über zahlreiche Tochterunternehmen wie beispielsweise AirAsia X, Thai AirAsia, Indonesia AirAsia und AirAsia Japan. Senior Member 5,289 posts Joined: Aug 2009. Malaysia AirAsia seeks to develop the next generation of AirAsia pilots through the AirAsia MPL program, a competency-based training program that is designed especially for AirAsia. Im Gegensatz zu anderen Airlines wie Like Quote Reply. Meanwhile, in a separate session, AirAsia X Bhd (AAX) CEO Benyamin Ismail announced the long-haul carrier was looking at a wider retrenchment exercise, involving employees from the technical side to cabin crew. Source: The Strait Times CTRL + SPACE for auto-complete. The company previously retrenched over 300 employees earlier in June due to the COVID-19 pandemic which has heavily affected its operations. 172 pilots and 50 engineers, and those involved will be notified via email within 24 hours. Tony Fernandes' future plan in AirAsia Group Berhad is to increase its profitability by 2021. The airline will also be slashing salaries of the remaining staff by 75% as the airline fights for survival brought by the effects of the coronavirus crisis. Usually awkward & quiet, but gets talkative once the conversation revolves around movies, TV shows, music, and entertainment. How Is Covid-19 Affecting Everyday Malaysians? QUOTE(arshad @ Jun 4 2020, 10:53 PM) my name got or not … M’sia 1st 3-in-1 Online Combo Insurance Package From AXA, Captain Rohana Is The First Woman To Become First Admiral In The Royal Malaysian Navy, How To Get A Free Month Of Unlimited Travel On Rapid KL Train & Bus Services, Macam Yes: How To Make Raya Work This Year. Experience what it’s like to work for the world’s best and become part of a diverse and international workforce. Affected as well? Learn more. Philippines AirAsia ... AirAsia India pilot and vlogger Gaurav Taneja claimed that the airline suspended him for "standing up for safe operations of an aircraft and its passengers". Low-cost carrier AirAsia Group Bhd has been forced to cut cost by laying off over 300 of its staff and personnel. Even those who aren’t being retrenched now may be forced to take a pay cut. AirAsia Pilot Training Programme is a good option because it comes with job guarantee. It would be done on a “last in, first out” basis, he was quoted as saying, signalling that hundreds would be affected and the effective last day would be end of October. AirAsia Berhad (MYX: 5099) ... AirAsiaX confirmed they have retrenchment of 10 per cent of their 24,000 employees. As known, due to the Covid-19 pandemic, many airlines company have to bear a huge amount of losses, along with the staffs' retrenchment. This retrenchment will see the airline slashing pilot and cabin crew jobs by 60% for both AirAsia and its long-haul affiliate AirAsia X. "The last round was cabin crew and pilots. AirAsia X has formulated a restructuring plan to inject fresh equity into the company to allow it to resume flying, the Malaysian low-cost, long-haul carrier said Tuesday. The last round of retrenchment involving cabin crew and pilots ended last week. Rozanna Latiff / Reuters. pilots scream muffled as cockpit went under water