Nav Canada Traffic Figures For November 2020 Decreased By An Average Of 53.4, Over 2019

Recent info confirms hard times for the folks at Nav Canada and one more reason why the anti-privatization lobby seems to have been right on the mark. Nav Canada traffic figures for the month of November 2020 decreased by an average of 53.4 per cent compared to the same month in 2019. Nav Canada's fiscal year runs from September 1 to August 31.

This month, Nav Canada showed the strain as they acknowledged elimination of some 900 jobs, or 17.5 per cent of its workforce since the beginning of the COVID-19 pandemic -- and then continued its 'restructuring efforts' with the loss of approximately 180 jobs across the country, including layoffs of operational and technology staff.

Nav canada claims that, "Since the beginning of the pandemic, NAV CANADA has taken unprecedented measures to drive our operating expenses down. Our phased approach has included, elimination of executive positions, management salary and bonus program reductions, changes to part of the pension plan applicable to management, ending terms of temporary employees, agreements with unions to suspend programs, early retirement and departure incentives, and an across the board reduction of all non-essential, non-critical activities."

Neil Wilson, President and CEO, noted that, “While the decision to make these changes was very difficult, the restructuring is critical as NAV CANADA continues to safely and responsibly streamline its operations to adapt to today’s realities. In navigating the most challenging period of the Company’s history, we must rethink how we deliver air navigation services across the country to ensure the continued strength and resilience of our national air navigation system.”

FMI: www.navcanada.ca