Latvian carrier airBaltic will reduce its employee numbers by 250 people and make further cuts to its capacity because of a severe drop in bookings.
Of the 250 staff at risk, consisting mainly of cabin crew, some will be asked to take voluntary leave and others will lose their jobs altogether.
airBaltic said it informed its employees about its reduction plans during “an extraordinary staff briefing”.
Martin Gauss, CEO of airBaltic, said: “This is a hard, but necessary decision. We had a very positive start of this year in the first two months, but now we are facing extraordinary circumstances.
“We must do this now to be able to rehire people and be back on our growth path once the situation improves. We will go through this difficult time together and maintain a close dialogue with our employees.”
“Right now, there is no option to continue as usual – flights need to be cancelled, aircraft grounded, we see a sharp and unexpected decline in bookings. But we are certain that the situation will get back to normal.”
As of Wednesday, airBaltic cancelled a total of 580 flights from 31 March until 31 May.