Lay-offs not on the cards for now but future remains uncertain
Thai AirAsia sees a drop in air travel and decides to ask 75% of the workforce to leave without pay for four months starting in February. (Photo by Pattarapong Chatpattarasill)
Thai AirAsia will keep only one-fourth of the staff and ask the rest to take a leave-without-pay offer for four months, starting February, as the re-emerging coronavirus outbreak has dealt a heavy blow to the aviation sector.
Tassapon Bijleveld, executive chairman of Asia Aviation Plc (AAV), the largest shareholder of the airline, said on Monday only 25% of its workforce will be active after this month as the airline is downsizing to match real demand.
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