London City Airport has announced that it will cut up to 35% of its workforce, as part of a restructuring plan to keep the airport afloat during the COVID-19 pandemic. The airport was closed for nearly three months after the lockdown was announced in March.
In total, 239 jobs are at risk at the airport. The airport’s consultation with staff on potential cost-cutting measures, included voluntary redundancy.
London City Airport CEO Robert Sinclair said: “It is with huge regret that we are announcing this restructuring programme today and our thoughts are with all of our highly valued staff and their families. The aviation sector is in the throes of the biggest downturn it has ever experienced as a result of the pandemic. We have held off looking at job losses for as long as possible, but sadly we are not immune from the devastating impact of this virus.”
Flights resumed on June 21 but the airport’s levels of footfall remain well below 2019 levels – and Sinclair expects this to continue for the rest of the year.
London City Airport has cut all non-essential spending and has also announced it has paused its £500m terminal extension.