Weather
4 ° C
4°C
Breaking News

98 Covid cases + 1 death, 19 Jan, 40 hospitalised - 23 res, 4 in ICU - 1 res, 317 home monitored, 6,567 recoveries, 45 deaths, 1,953 incidence rate, 67.8% vaccinated

Government in talks with Monacair

Government in talks with Monacair

By Stephanie Horsman - July 28, 2020

Struggling Monegasque company Monacair has met with the government to discuss future plans.

The Minister of Social Affairs and Health, Didier Gamerdinger, along with the Department of Labour and the Department of Equipment and Town Planning met with representatives of Monacair on Monday to talk about the social plan announced by the company.  

The meeting focused primarily on the number of jobs that will be affected and the accompanying measures that the company intends to implement. In a press statement, Mr Gamerdinger said he will be paying close attention to the negotiations.

Monacair shocked the Principality when earlier this month, the company announced it was being forced to lay-off 32 of its 76 person workforce due to fall out from the Covid crisis. The reduction affected pilots and ground staff alike and spurred the government to intervene to assist the company in sorting out a “social plan” to restructure the company.  

Since 2016, Monacair has been the sole operator of regular transport services between the Principality and Nice Airport. As such, their reduction in service has also resulted in a massive loss in passengers and revenue.

Monacair was founded in 1988 by Stefano Casiraghi, former husband of Princess Caroline, who was tragically killed in a speed boating accident in 1990. Today, his sons, Andrea and Pierre are the majority shareholders in the company.

 

Photo © Department of Social Affairs and Health

 

 

shares
SHARE
Sign up to our newsletter
Previous articleAS Monaco Basketball welcome two new players
Next articleOutdoor heater ban

daily

January 20, 2022 | Business & Finance

National Council looks to a positive 2022

Luke Entwistle

During his annual address to the press, National Council President Stéphane Valeri was optimistic for 2022, saying "there are reasons to hope that we can get back to a quasi-normal life.”

0
January 18, 2022 | Business & Finance

This is the Prince’s new equal Cabinet

Cassandra Tanti

Prince Albert has chaired the first meeting of his new Cabinet headed by Laurent Anselmi at the Prince's Palace, unprecedentedly made up of half women, half men.

0
January 17, 2022 | Business & Finance

New A8 rest stop to have views and terraces

Stephanie Horsman

The days of the grotty Beausoleil rest stop are coming to a close on the A8, where renovations will transform underutilised space and offer high-end amenities.

0
Stephanie Horsman

Ambassador for Belgium Isabelle Berro-Amadeï has been selected to replace Laurent Anselmi as Minister for Foreign Affairs and Cooperation, as Anselmi takes over as Prince Albert II’s Cabinet Head.

0