BWIA?s future hinges on US$1.4m saving plan

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BWIA's future hinges on US$1.4m saving plan
By Curtis Rampersad, Trinidad Express

If national airline BWIA does not get the labour concessions it wants by
January 31, the cash-strapped carrier will have to look at cutting jobs
again to save money. By the end of the month, BWIA expects to have a
money-saving plan in place to trim the mandated US$1.4 million in monthly
overheads. But the plan hinges on labour concessions which to date the
airline's unions have not fully agreed on. BWIA's corporate communications
director Clint Williams confirmed yesterday that if management can't get
the labour concessions from the unions, the carrier "will be forced to look
at other means of saving money including job losses". Management and the
unions are still in negotiations and "the door is still open" to the
unions, he said. "We have fought to preserve jobs against an industry
backdrop of massive job cuts," Williams stressed. "We have tried to save as
many jobs as possible." But with a 2002 half-year loss of US$8 million and
industry sources pointing to a similar second half loss, BWIA has to
further slash costs to qualify for financial aid from the Government. Last
year, the unions agreed to US$130,000 of the US$300,000 in monthly
concessions requested by airline management.

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