Caribbean Airlines extends layoffs for three months
Regional carrier Caribbean Airlines has announced that it will
extend layoffs for an additional three months.
The
period is now set to end on April 15, from the original date was January 15.
According
to an internal memo sent to staff by Caribbean Airlines CEO Garvin Medera, the
company is trying to keep costs at an absolute minimum while it awaits the
reopening of the country’s borders.
Caribbean
Airlines announced furloughs and salary cuts from October 15 as short-term
measures to save the company, which has been struggling since the government
closed Trinidad and Tobago’s borders in March in an attempt to curb the spread
of COVID-19.
The
memo said funding for the foreseeable future was uncertain.
According
to Medera, while Caribbean Airlines was reluctant to extend the layoffs, it was
necessary to prevent the need for more severe measures.
The
memo also said the airline informed staff of salary reductions in October for
an eight-month period ending in June 2021.
It said Caribbean Airlines
would continue to cut costs wherever possible, including contractors, temporary
workers, and irrelevant allowances.
