Following a series of negotiations with the social partners, the management of the national airline Air Algeria announced wage cuts for its staff of up to 40%.
Despite the government money injected to balance the company’s finances, Air Algérie continues to face an economic crisis that is increasingly important because of the cessation of air traffic.
The Algerian channel Ennahar TV reported that the managing director of Air Algerie held a meeting with the company’s executives and the various social partners to inform them of these upcoming wage cuts, unprecedented in the company’s history.
Citing a source of the company’s management, Ennahar TV said that the meeting participants agreed to reduce by 40% the wages that exceed 70,000 Algerian dinars and that wages lower than this amount would not be affected by this measure. According to the same source, the wage reduction would come into effect from next January.
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