Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Air NZ to close Auckland plant, cut 180 jobs, union says

Air NZ plans to close Auckland maintenance facility, cut 180 jobs, union says

By Tina Morrison

Aug. 23 (BusinessDesk) – Air New Zealand, the national carrier, plans to close its wide body aircraft heavy maintenance facility in Auckland by July next year, with the loss of 180 aircraft engineering jobs, according to the union representing the workers.

The proposed closure is a result of the loss of third party engineering work, the retirement of Air New Zealand’s 767 fleet and the airline’s inability to attract replacement work as the high New Zealand dollar curbs competitiveness, the EPMU said in a statement. Air New Zealand wasn’t immediately able to confirm the plans.

The proposed cuts follow job losses at the Christchurch Engine Centre, Safe Air and Air New Zealand technical operations, the EPMU said. Air New Zealand is also proposing to outsource the upgrade of its Boeing 777-200 fleet, the EPMU said.

“The confirmation of job losses is devastating for our members and we will be doing everything we can to protect jobs,” EPMU assistant director of organising Strachan Crang said in the statement. “New Zealand has world-class aircraft engineers but unless we see action on the high dollar, this highly-skilled, well-paid industry will continue to decline.”

The union will start a 58-day consultation process with Air New Zealand where it will have the opportunity to analyse the airline’s business case and suggest an alternative proposal.

Shares in Air New Zealand fell 3.1 percent to $1.40.

(BusinessDesk)

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 



Reserve Bank: Monetary Conditions Tighten By More And Sooner

The Monetary Policy Committee today increased the Official Cash Rate (OCR) to 2.0 percent. The Committee agreed it remains appropriate to continue to tighten monetary conditions at pace to maintain price stability... More>>


The Download Weekly: Vodafone FibreX back in court

Vodafone and the Commerce Commission head back to court over FibreX in a week the TCF issues broadband marketing codes that should avoid similar problems in the future... More>>


NIWA: Tonga Eruption Discoveries Defy Expectations
New findings from the record-breaking Tongan volcanic eruption are “surprising and unexpected”, say scientists from New Zealand’s National Institute for Water and Atmospheric Research (NIWA)... More>>


Fonterra: Provides 2022/23 Opening Forecast Farmgate Milk Price & Business Performance Update
Fonterra today announced its 2022/23 opening forecast Farmgate Milk Price and provided an update on its third-quarter performance... More>>


Stats: Quiet Start For Retail In 2022
The volume of retail sales was relatively unchanged in the March 2022 quarter, following a strong increase in the December 2021 quarter, Stats NZ said today... More>>



Finder: RBNZ Survey: 64% Of Experts Say Rising Inflation Will Push More Kiwis Into Debt

Soaring inflation and cost of living pressures will see many households pushed to the financial limit, according to experts... More>>