Summa Alliance seeks higher efficiency through overhaul
A year after the strengthening of Summa Alliance, the company’s president Juan Emilio Posada announced a reshuffling plan aimed at grappling with the economic crisis the firm is going through. The action package to make Summa keep its head above the water includes flight cutbacks, timetable overhauls, the return of seven aircraft and a 30 percent slash in the number of collaborators.
Company execs hope less flights and routes to non-profitable destinations could allow the company to sock away as much as 42 percent in leasing costs. Moreover, negotiations are underway with employees who’ve been working for the company for 30 years or more and are looking forward to a voluntary retirement.