Northern Ireland Aviation Enthusiast's Forum
General Aviation Discussion => Aviation News => Topic started by: casper on May 09, 2007, 05:04:32 PM
-
Bangladesh's state-owned airline, Biman, has announced plans to slash its workforce by June as part of a privatisation initiative to cut losses.
A senior Biman official told the BBC on Wednesday that more than 1,400 jobs would eventually be lost.
In April the interim government decided to turn Biman into a public limited company by the middle of 2007.
The airline is now so cash-strapped it is struggling to pay salaries and maintain its elderly fleet of aircraft.
More Info (http://news.bbc.co.uk/1/hi/world/south_asia/6638721.stm)