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Author Topic: Biman announces huge job losses  (Read 1381 times)

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Offline casper

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Biman announces huge job losses
« 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.

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