Southern Air reportedly is contemplating layoffs at its Norwalk headquarters and other facilities, as it works to reduce debt.
The trade publication Air Cargo World News reported Southern Air has also considered moving its Norwalk headquarters to another location.
Southern Air charters cargo jets, with its clients including DHL Express. Earlier this year it purchased three Boeing 777 freighters, after securing a $55 million investment from Oak Hill Capital Partners in October 2011.
“We now must realign our organization to serve the new business model, including changes to our crew planning, and we will initiate select outsourcing of activities to better align our costs with the operating requirements,” wrote CEO Dan McHugh in an August email obtained by Air Cargo World News. “We will begin reducing headcount in both line operations and headquarters staff. There will be direct staff reductions, as well as outsourcing of some activities, and we expect the majority of the changes to be in place by the end of the year.”