Morocco’s national airline Royal Air Maroc (RAM), hammered by the collapse in travel due to the coronavirus, is planning to layoff 30% of its crew members and liquidate 20 planes. The Chief Executive Officer (CEO) of RAM, Abdelhamid Addou, stated that the layoff plan would affect 858 jobs within the company or 30% of its global workforce. RAM has also set up a voluntary redundancy plan for employees aged above 57 years with 15 years of seniority. The discharge concerns one-third of the pilots (180 pilots), 30% of the cabin crew (stewards), and approximately 13% of the ground personnel, including baggage handlers. Moreover, the Moroccan flag carrier is also set to proceed to sell 20 planes including 4 Embraers, 4 Dreamliner 787s, and a dozen B737 aircraft. Air France announces to shed over 7,500 jobs Bombardier to slash 2,500 jobs as COVID-19 hurts sales RAM has suffered the worst crisis since its inception in 1957. The company has reportedly experienced $109.1 million in monthly losses since the closure of national borders and the declaration of the emergency state in mid-March. It is worth-mentioning here that some of the airlines around the world have filed for bankruptcy or sought bailouts to survive … Continue reading RAM to layoff 30% of its workforce, liquidate 20 aircrafts