Low-cost carrier AirAsia Group Bhd has been forced to cut cost by laying off over 300 of its staff and personnel.

According to Astro Awani, the company will be retrenching 111 cabin crew members out of 1,900 existing ones, 172 pilots, and 50 engineers.

Source: The Strait Times

The publication reported that AirAsia’s chief executive officer Riad Asmat made the bleak announcement earlier this afternoon (Thursday, 4th June). The retrenchment scheme is expected to reach all affected staffs via e-mail within 24 hours, with details of their compensation.

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Besides adjusting organisational restructuring and downsizing operations, AirAsia Berhad has found itself against a brick wall. Other subsidiaries under the group have not been spared as well. Even those who aren’t being retrenched now may be forced to take a pay cut.

AirAsia
Source: Business Traveller

In other news, it is also understood that long-haul carrier AirAsia X will be reducing its aircrafts for international flights by 50% (from 32 to 15 or 16).

Many who were working in travel and tourism have resigned to find better stability in other industries.

Source: Astro Awani.

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Justin
Usually awkward & quiet, but gets talkative once the conversation revolves around movies, TV shows, music, and entertainment. (Contact: [email protected])