Business

Lufthansa puts 87,000 workers on reduced hours

European airline giant Lufthansa said Thursday it has placed 87,000 workers—more than 60 percent of its workforce—on government-backed shorter hours schemes, as air travel idles amid the coronavirus crisis.

Business

Australia's Qantas to furlough 2,500 workers

Australian airline Qantas announced Tuesday it will furlough 2,500 workers as coronavirus outbreaks and regional lockdowns pummel demand for flights.

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