newstodate.aero

Nov 03, 2022 (newstodate): The Danish family-owned carrier DAT, Danish Air Transport, is looking into bleak business prospects for the coming year.
   Seeing a sustained negative impact from high fuel costs, expectations of a coming CO2 tax, expiration of its current fuel hedging program, as well as unfavorable currency exchange rates, DAT has announced a deep cut in staff leading including 39 out of 260 positions including 18 pilots and 21 cabin crew members, as well as "hundreds" of redundancies in its Lithuanian subsidiary, DOT.
   In total, the number of employers will be reduced to some 300 against 650 at its height.
   Media reports indicate that the LCC Norwegian has already aired interest in offering new jobs for the DAT staff made redundant.
   Only this summer, an optimistic DAT landed a contract with Corendon for flights during the period from April 1 till October 31, 2022.
   Under the contract, DAT allocated two Airbus A320 aircraft and one Airbus A321 to initially start operations at Antalya for Corendon Airlines.
   The contract required DAT to hire no less than about 100 new cabin staff and 18 pilots, all placed on Danish terms and conditions as agreed with the Danish unions.
   However, the contract with Corendon expired by the end of the summer 2022 program, leaving DAT with excess capacity and a financial burden looking into this winter program with little hope for recovery in 2023.