As part of “crucial restructuring plans” London City Airport could cut 35% of roles, and a consultation has already started with staff over voluntary redundancy.
Up to 239 jobs are at risk after the airport was closed for almost three months from March due to the pandemic.
Chief executive Robert Sinclair said, “It is with huge regret that we are announcing this restructuring programme today and our thoughts are with all of our highly valued staff and their families.
“The aviation sector is in the throes of the biggest downturn it has ever experienced as a result of the pandemic. We have held off looking at job losses for as long as possible, but sadly we are not immune from the devastating impact of this virus.
“Our focus in the coming weeks is to help all staff through this exceptionally difficult period.
“We are committed to playing our part in rebuilding a stronger local and national economy once the worst of the downturn passes and believe that the difficult decisions we are taking now will enable the airport to bounce back in a better shape when growth returns.”