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EASTAR JET RETRENCHES HALF OF WORKFORCE TO ATTRACT INVESTORS

Published On 13 Oct 2020 07:47 AM


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  • Eastar Jet Co. said Tuesday it will retrench more than half of its workforce this week as it doubles up to find a new investor after Jeju Air Co. dashed hopes of acquiring the smaller budget carrier amidst the coronavirus pandemic.
  • Eastar plans to deliver pink slips to 605 of staff strength of 1,200 employees Wednesday before it begins the process of finding a new investor, Eastar Senior Vice President Kim You-sang said over....


    Tags : Eastar Jet, Jeju Air Co, 737 MAX Aircraft, 590 employees, COVID-19 ,
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