04/10/2001
Further jobs shed at BMI British Midland
BMI British Midland is the latest major airline to confirm that it is to axe jobs in the wake of the US terror attacks on 11 September.
The Derby-based company is to shed 600 jobs and ground eight of its fleet of 62 aircraft during the coming months, due to what BMI British Midland described as “lower levels of business” in the weeks since the attacks.
The firm has also announced plans to cut seat capacity by 20 per cent in its 2001-02 timetable.
Making the announcement, BMI British Midland Chairman Sir Michael Bishop said that he was hopeful that the action would remove any need to consider further job losses, and that the company was doing all it could to reduce compulsory lay-offs.
“However, worldwide events continue to have a serious impact on the aviation industry in general, and we will continue to review our situation on a regular basis,” he added.
Numerous major airlines worldwide have announced extensive job losses in the wake of 11 September, with BA and Virgin Atlantic cutting over 8,000 jobs in total. Many smaller carriers have gone out of business, with firms such as Swissair only surviving thanks to multi-million bailouts from national government funds. (CL)
The Derby-based company is to shed 600 jobs and ground eight of its fleet of 62 aircraft during the coming months, due to what BMI British Midland described as “lower levels of business” in the weeks since the attacks.
The firm has also announced plans to cut seat capacity by 20 per cent in its 2001-02 timetable.
Making the announcement, BMI British Midland Chairman Sir Michael Bishop said that he was hopeful that the action would remove any need to consider further job losses, and that the company was doing all it could to reduce compulsory lay-offs.
“However, worldwide events continue to have a serious impact on the aviation industry in general, and we will continue to review our situation on a regular basis,” he added.
Numerous major airlines worldwide have announced extensive job losses in the wake of 11 September, with BA and Virgin Atlantic cutting over 8,000 jobs in total. Many smaller carriers have gone out of business, with firms such as Swissair only surviving thanks to multi-million bailouts from national government funds. (CL)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
26 April 2002
Bmi British Midland profits increase to £12.4m
In their latest report bmi British Midland have revealed an increase in pre-tax profits of 51.2% to £12.4 million up from £8.2 million in 2000. This is on the back of a 2.4% growth in revenues to £756.9 million (up from £739.2 million in 2000) for the year ending 31 December 2001. However, bmi said that passengers carried had declined by 5.2% to 6.
Bmi British Midland profits increase to £12.4m
In their latest report bmi British Midland have revealed an increase in pre-tax profits of 51.2% to £12.4 million up from £8.2 million in 2000. This is on the back of a 2.4% growth in revenues to £756.9 million (up from £739.2 million in 2000) for the year ending 31 December 2001. However, bmi said that passengers carried had declined by 5.2% to 6.
14 June 2002
bmi favour one-way fare system
bmi british midland has scrapped its traditional “full service” fares system and introduced a one-way fare structure. From Friday June 14 onwards, bmi will "move away" from the return fare structures and offer all passengers fares that can be booked on a one-way basis.
bmi favour one-way fare system
bmi british midland has scrapped its traditional “full service” fares system and introduced a one-way fare structure. From Friday June 14 onwards, bmi will "move away" from the return fare structures and offer all passengers fares that can be booked on a one-way basis.
18 January 2002
bmi unveil further details about no-frills option
The UK’s second largest airline, bmi british midland, is to launch a new no-frills budget option under the brand name bmibaby.
bmi unveil further details about no-frills option
The UK’s second largest airline, bmi british midland, is to launch a new no-frills budget option under the brand name bmibaby.
02 August 2001
Belfast City Airport extends welcome to bmi flights
Belfast City Airport have welcomed the decision by bmi (British Midland) to relocate its operations from Belfast International Airport to Belfast City Airport. The move by bmi will provide passengers with a service from the heart of Belfast to London Heathrow and East Midlands Airport.
Belfast City Airport extends welcome to bmi flights
Belfast City Airport have welcomed the decision by bmi (British Midland) to relocate its operations from Belfast International Airport to Belfast City Airport. The move by bmi will provide passengers with a service from the heart of Belfast to London Heathrow and East Midlands Airport.
02 November 2001
Prudential Belfast branch threatened as 2,100 jobs axed
Britain's second biggest insurance group, the Prudential has announced that it will axe 2,100 jobs, some of which may be in Belfast. The jobs, which will go by the end of 2003, are part of a company-wide restructuring. One thousand of the job cuts will be compulsory redundancies from back-office and support services.
Prudential Belfast branch threatened as 2,100 jobs axed
Britain's second biggest insurance group, the Prudential has announced that it will axe 2,100 jobs, some of which may be in Belfast. The jobs, which will go by the end of 2003, are part of a company-wide restructuring. One thousand of the job cuts will be compulsory redundancies from back-office and support services.