ANA Holdings Inc. plans to reduce the number of small aircraft in response to a plunge in demand amid the coronavirus crisis, sources say. - Bloomberg
TOKYO, Oct 25: ANA Holdings Inc has decided on a plan to reduce the number of group employees by some 3,500 by fiscal 2022 in an effort to survive the coronavirus crisis, informed sources said Sunday, says Japan Times.
The airline group plans to downsize its workforce through compulsory retirement and a freeze on hiring, hoping to cut fixed costs to brace for prolonged pandemic-caused damage to travel demand.
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