Avinor notifies of downsizing

r Oslo AirportAvinor Oslo Airport. (Photo: Avinor Oslo airport/Espen Solli)

Avinor will cut costs by between 400 and 600 million NOK by 2021. This will lead to downsizing, state government says.

As part of the cost reduction project, a new review of staff and support functions will also be initiated immediately, writes communication manager Joachim Westher Andersen from Avinor in an email to E24.

However, it is too early to say anything about the extent of the downsizing process. The company had 3,099 employees at the end of 2018.

Avinor cut costs by NOK 600 million in the period 2015 to 2018. “Additional cost cuts are high on the company’s agenda”, Avinor’s annual report for 2018 says.

“All ongoing projects and measures for streamlining will be coordinated through the overall project where the goal is to reduce costs by 400–600 million kroner by 2021,” says Andersen.

Avinor was established in 2003 and today operates 43 airports and a helicopter port in Norway. The company is self-financing and receives its revenues from air taxes, rent and various sales at the airports.

© NTB Scanpix / #Norway Today