|
|||
2009-02-24 10:33:55 CET 2009-02-24 10:34:25 CET REGULATED INFORMATION Finnair Oyj - Company AnnouncementFINNAIR SUBSIDIARY NORTHPORT OY BEGINS YT NEGOTIATIONSFINNAIR PLC STOCK EXCHANGE RELEASE 24.2.2009 11.30 On 2 March 2009, the Finnair subsidiary Northport Oy, which provides ground handling services, will begin statutory negotiations under the Act on Codetermination within Undertakings (YT negotiations) in order to reduce personnel costs. A cost-cutting programme will seek savings of at least 3.5 million euros. “Northport Oy's operations will be directed in future more at peak traffic periods, outside of which the need for labour is much reduced. The number of flights outside peak periods has clearly declined,” says Northport Managing Director Jukka Hämäläinen. The estimated reduction of around 90 man working years to be discussed in the YT negotiations could be implemented through redundancies, part-time working and possibly also by outsourcing operations. In addition, possible temporary lay-offs would affect all Northport Oy employees. Finnair Plc Communications 24.2.2009 Further information: Jukka Hämäläinen, Managing Director, Northport Oy, tel. +358 9 818 5300 |
|||
|