Arkia employees agree 130 layoffs, pay cuts

Arkia Neo 321 LR Ofra Haza  / Photo: Arkia spokesperson

The airline's management, workers committee and Histadrut agreed to cut nearly 25% of the workforce.

Arkia Airlines Ltd. will lay off 130 of its 530 employees while the remaining staff earning more than NIS 8,000 per month will take a pay cut according to an agreement signed last night by the company's management, the workers committee and Histadrut (General Federation of Labor in Israel) chairman Arnon Bar-David.

Arkia's fleet has been grounded since the start of the Covid-19 pandemic and all employees have been on unpaid leave since. After last night's agreement, management has decided to gradually resume flights after the lockdown, probably commencing with flights to Eilat and afterwards international flights. Before the pandemic Arkia had a 70% share on the Bewn Gurion airport Eilat route but since then Israir Airlines and Tourism Ltd. has taken up the slack.

Published by Globes, Israel business news - en.globes.co.il - on September 17, 2020

© Copyright of Globes Publisher Itonut (1983) Ltd. 2020

Arkia Neo 321 LR Ofra Haza  / Photo: Arkia spokesperson
Arkia Neo 321 LR Ofra Haza / Photo: Arkia spokesperson
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