ATR, the world’s leading regional aircraft manufacturer has announced a reduction in its worldwide workforce, by a total of 204 positions. The brunt of the cuts will be faced by employees in France with 186 job cuts. ATR says that it intends to finalise these agreements by autumn 2020.
“The aviation industry, along with many other industries, is facing the most significant economic crisis we have ever experienced. Despite actions taken to absorb the initial shock of COVID-19, it is with a heavy heart that ATR must now adopt such measures to adjust to the overwhelming challenges we face to ensure we are ready to adapt our competences to the new future of regional aviation, keeping all engagements with our customers; supporting the fleet worldwide, and pursuing the development of products that can open new markets, such as the ATR 42-600S, Short Take Off and Landing, and the ATR 72-600F, freighter,’ says Stefano Bortoli, CEO, ATR.
ATR states that it has accepted that recovery in the regional air traffic segment will also be slow (even though it is expected to recover faster than the single-aisle jetliner market).
“We believe that in time the demand for short distance regional aviation will recover. However, with the constraints on travelling, the natural fear of people to resume their holiday or business trip, and the uncertainty of finding a final way of defeating this virus, recovery will not be quick. In the meantime, we will make every effort to support ATR team members and ensure that where possible the reduction in our workforce will be on a voluntary basis”, Bortoli adds.
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