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Copenhagen Airports launches cost-cutting program and postpones investments

©Copenhagen Airports (CPH)

As SAS and other airlines have sharply reduced its services in and out of Copenhagen Airport (CPH) on account of the current health crisis, CPH is preparing to cut back operations substantially during the upcoming period. 

Over the past few days, airport management has been working on a plan to cut down operating costs and postpone the current investment plans for the airport.

At the same time, CPH has engaged with union representatives to discuss measures that can help the airport maintain minimum operations while helping the airport to sharply reduce its costs. As part of these efforts, CPH expects to make use of the wage compensation package presented by the Danish government and labor market parties.

CPH expects to apply the package for employees who will be temporarily sent home due to the sharp drop in operations. At the present time, CPH expects to temporarily send home upwards of 1,500 employees over the coming weeks. It is important to emphasize that this will be a gradual process in step with the cutback in operations. CPH has a total of 2,600 employees, while the shops at the airport, the airlines and the handling companies employ between 22,000 and 23,000 people between them.

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