Future tough for Russian airline staff

Calcutta News.Net
Thursday 17th September, 2009

Partially government owned Russian airline Aeroflot has made plans to shed 2,000 jobs in the next six months.

More job cuts could follow if the airline doesn’t get over the profit and passenger plunge of the past year.

In July, the airline announced that its net profit in 2008 had plummeted by 88% to $37 million, which was down from $313 million in 2007.

The forthcoming staff cuts will amount to about 13% of Aeroflot's total workforce.

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