LATAM airline to lay off 2,700 crew

Latin America's biggest airline, the Brazilian-Chilean group LATAM, said Friday it was laying off at least 2,700 crew to cope with the devastating effects of the coronavirus pandemic on the aviation industry.

Business

AirAsia's future in doubt due to virus; share price tumbles

The future of top regional budget carrier AirAsia is in "significant doubt" after the collapse in travel demand caused by coronavirus, its auditor warned, sending the airline's share price tumbling nearly 18 percent on Wednesday.

1,000 jobs to go at German aircraft engine firm

German aircraft engine manufacturer MTU Aero Engines said Monday it is planning to cut at least 1,000 jobs as the impact of the coronavirus continues to hammer the aviation industry.

Business

Slow takeoff for aviation in Europe

After coronavirus lockdowns that brought civil aviation to nearly a complete halt air traffic is slowly resuming in Europe as borders reopen, but tens of thousands of jobs are still hanging in the balance.

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