MikeAlphaTango
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Cargolux Italia raddoppia
- Autore Discussione micky87
- Data d'inizio
MikeAlphaTango
Utente Registrato
KCV è stato radiato per via dei suoi motori (montava GE al posto di RR) per uniformare la flotta con cargolux
I sindacati lussemburghesi non sembrano proprio felicissimi...
Cargolux unions in uproar over second Italian B747 freighter
Cargolux (CV, Luxembourg) reportedly transferred a second of its eleven B747-400(F)s to Cargolux Italia (C8, Milan Malpensa) on September 25 as part of plans to boost its presence in the Italian international cargo market. The move, however, has drawn severe criticism from the Luxembourg Confederation of Christian Trade Unions (LCGB) and Luxembourg’s pilot association (ALPL) which claim the decision to transfer the aircraft to Italy and 25 jobs along with it, amounts to a forced cost-cutting programme that could lead to more outsourcing in the future.
"By sending a second airplane to its subsidiary, Cargolux Italia gives validity to the concerns previously raised by LCGB that Cargolux management is going down a path of outsourcing and social dumping." the LCGB said.
The union, which says Cargolux Italia will immediately deploy the aircraft on routes to and from Luxembourg, which have so far been provided by Cargolux itself, urged all pilot members to engage in industrial action in protest at the move.
It has also presented management with a Memorandum of Understanding (MOU) committing it to maintaining jobs in Luxembourg across all functions.
For its part, the ALPL has advocated the disbandment of Cargolux Italia while concentrating all Cargolux operations at its Luxembourg hub as a means of cutting costs and streamlining both operations and administrative activities.
Earlier this month, CEO Dirk Reich attempted to dissuade such claims arguing that in the long term, the only way for the carrier to survive in the currently-depressed cargo market, was to lower costs.
"From an extremely short-term perspective they are right. In the short term, Cargolux could improve the financials by closing down all negative routes, some of which are flown also from Italy," the CEO told Europe's CargoForwarder magazine. "Such a measure would lead to less employment both in Luxembourg and in Italy though and cause a long term financial problem; I am therefore surprised by such a proposal from the unions. The only way to ensure the long term success of Cargolux is to secure growth at lower costs. I am convinced that ultimately everybody will understand the drastic changes in the airfreight market and the need to respond appropriately to the challenges that we face."
About Cargolux
http://www.ch-aviation.com/portal/n...-in-uproar-over-second-italian-b747-freighter
Cargolux unions in uproar over second Italian B747 freighter
Cargolux (CV, Luxembourg) reportedly transferred a second of its eleven B747-400(F)s to Cargolux Italia (C8, Milan Malpensa) on September 25 as part of plans to boost its presence in the Italian international cargo market. The move, however, has drawn severe criticism from the Luxembourg Confederation of Christian Trade Unions (LCGB) and Luxembourg’s pilot association (ALPL) which claim the decision to transfer the aircraft to Italy and 25 jobs along with it, amounts to a forced cost-cutting programme that could lead to more outsourcing in the future.
"By sending a second airplane to its subsidiary, Cargolux Italia gives validity to the concerns previously raised by LCGB that Cargolux management is going down a path of outsourcing and social dumping." the LCGB said.
The union, which says Cargolux Italia will immediately deploy the aircraft on routes to and from Luxembourg, which have so far been provided by Cargolux itself, urged all pilot members to engage in industrial action in protest at the move.
It has also presented management with a Memorandum of Understanding (MOU) committing it to maintaining jobs in Luxembourg across all functions.
For its part, the ALPL has advocated the disbandment of Cargolux Italia while concentrating all Cargolux operations at its Luxembourg hub as a means of cutting costs and streamlining both operations and administrative activities.
Earlier this month, CEO Dirk Reich attempted to dissuade such claims arguing that in the long term, the only way for the carrier to survive in the currently-depressed cargo market, was to lower costs.
"From an extremely short-term perspective they are right. In the short term, Cargolux could improve the financials by closing down all negative routes, some of which are flown also from Italy," the CEO told Europe's CargoForwarder magazine. "Such a measure would lead to less employment both in Luxembourg and in Italy though and cause a long term financial problem; I am therefore surprised by such a proposal from the unions. The only way to ensure the long term success of Cargolux is to secure growth at lower costs. I am convinced that ultimately everybody will understand the drastic changes in the airfreight market and the need to respond appropriately to the challenges that we face."
About Cargolux
| Type | Cargo Carrier |
|---|---|
| Base | Luxembourg |
| Aircraft | 22 |
| Destinations | 72 |
| Routes | 234 |
| Daily Flights | 56 |
http://www.ch-aviation.com/portal/n...-in-uproar-over-second-italian-b747-freighter
In Italia tutte le societa aeree che hanno abbassato i costi riducedo i salari sono fallite solo qualche mese piu avanti. Forse a LUX sono piu bravi, ma questa volta mi sa che i sindacati hanno ragione.
omarre
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omarre
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TW 843
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Cargolux to require $100mn in annual recapitalization
Cargolux (CV, Luxembourg) chairman Paul Helminger told staff representatives and union officials at a meeting last week that the airline will require USD100 million in annual capital injections in order to meet its future financial commitments in addition to remaining competitive.
The Luxemburger Wort says Helminger described the freight specialist's financial situation as "very serious" adding that contentious plans to grow Cargolux Italia (C8, Milan Malpensa) are among Cargolux's last resort options to remain afloat.
"Long gone are the days when Cargolux was making annual profits of USD200-300 million annually. In 2013 it lost money and while returning to the black last year, the estimated profit was only USD12 million. So cash is an issue," OGBL union spokesman Hubert Ollerich said.
The move, however, has drawn severe criticism from the Luxembourg Confederation of Christian Trade Unions (LCGB) and Luxembourg’s pilot association (ALPL) which claim the decision to transfer an aircraft to Italy, and 25 jobs along with it, amounts to a forced cost-cutting programme that could lead to more outsourcing in the future. Talks between management and the unions concerning the Italian venture have yet to reach an agreement.
The Lloyds Loading List news site reports unions are also unhappy about plans to establish Cargolux China (Zhengzhou) - a joint-venture between the Luxembourg carrier and the Zhengzhou-based Henan Civil Aviation Development & Investment Company (HNCA) which already owns a 35% stake in Cargolux.
Under its current shareholding, HNCA will hold 51% of the joint-venture with Cargolux to hold 24%. While there is provision for other Luxembourg shareholders to control the remaining 25% stake, unions are concerned that should no suitable local partner be found, Cargolux would lack blocking rights on strategic decisions.
The Cargolux China subsidiary is currently undergoing a feasibility study with results likely to be out later in the year.
CH-Aviation
Cargolux (CV, Luxembourg) chairman Paul Helminger told staff representatives and union officials at a meeting last week that the airline will require USD100 million in annual capital injections in order to meet its future financial commitments in addition to remaining competitive.
The Luxemburger Wort says Helminger described the freight specialist's financial situation as "very serious" adding that contentious plans to grow Cargolux Italia (C8, Milan Malpensa) are among Cargolux's last resort options to remain afloat.
"Long gone are the days when Cargolux was making annual profits of USD200-300 million annually. In 2013 it lost money and while returning to the black last year, the estimated profit was only USD12 million. So cash is an issue," OGBL union spokesman Hubert Ollerich said.
The move, however, has drawn severe criticism from the Luxembourg Confederation of Christian Trade Unions (LCGB) and Luxembourg’s pilot association (ALPL) which claim the decision to transfer an aircraft to Italy, and 25 jobs along with it, amounts to a forced cost-cutting programme that could lead to more outsourcing in the future. Talks between management and the unions concerning the Italian venture have yet to reach an agreement.
The Lloyds Loading List news site reports unions are also unhappy about plans to establish Cargolux China (Zhengzhou) - a joint-venture between the Luxembourg carrier and the Zhengzhou-based Henan Civil Aviation Development & Investment Company (HNCA) which already owns a 35% stake in Cargolux.
Under its current shareholding, HNCA will hold 51% of the joint-venture with Cargolux to hold 24%. While there is provision for other Luxembourg shareholders to control the remaining 25% stake, unions are concerned that should no suitable local partner be found, Cargolux would lack blocking rights on strategic decisions.
The Cargolux China subsidiary is currently undergoing a feasibility study with results likely to be out later in the year.
CH-Aviation