The Japanese airline ANA Holdings will cut around 3,500 jobs in the coming period due to the malaise in the aviation industry due to the corona crisis. According to the Japanese newspaper Yomiuri, ANA announced the job cuts in a new strategic plan this week.
According to Japanese media, ANA, also known as All Nippon Airways, would expect a record loss of around 530 billion yen for this current fiscal year, which ends in March. That corresponds to almost 4.3 billion euros. By cutting jobs and introducing a job offer, the aviation company wants to drastically reduce fixed costs.
ANA also has plans to sell about thirty larger aircraft that save less fuel and have higher maintenance costs, Yomiuri said. At the end of last year, Japan’s largest airline had more than 43,000 employees.