Business
Delta Air Lines has managed to avoid furloughs but is now asking more employees to take unpaid leaves of absence, a sign of the deepening slump in air travel as coronavirus cases increase across the United States.
Dec 10, 2020
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Business
Southwest Airlines warned it could lay off more than 6,800 workers in 2021 in what would be carrier's first involuntary job cuts in its 50-year history.
Dec 4, 2020
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Business
US airlines' continued efforts to rein in costs and step up safety measures so travelers will return to the skies paid off in results reported Thursday that showed carriers paring losses in the latest quarter.
Oct 22, 2020
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Business
Finland's national carrier said Tuesday it will cut 700 jobs - over 10% of its workforce - by the end of March next year due to the impact of the COVID-19 pandemic on global travel.
Oct 20, 2020
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Business
The US Treasury on Tuesday announced it had reached a deal with seven major US airlines including American and United to offer them loans in a bid to stave off job cuts amid the coronavirus crisis.
Sep 30, 2020
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Business
Singapore Airlines said Thursday it was cutting about 4,300 jobs—around 20 percent of its workforce—due to the coronavirus, and warned any recovery would be "long and fraught with uncertainty".
Sep 10, 2020
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Business
Finnish national carrier Finnair announced plans Tuesday to cut 1,000 jobs, or 15 percent of its workforce, amid dire warnings about the economic impact of the coronavirus.
Aug 25, 2020
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Business
Lufthansa on Wednesday raised the possibility of redundancies for some of its pilots in 2021, as the slump in world travel due to the coronavirus looks set to last.
Aug 19, 2020
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Business
Airbus announced Thursday net losses of 1.9 billion euros ($2.2 bn) in the first six months after aircraft delivery halved as a result of the coronavirus crisis.
Jul 30, 2020
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Business
Budget airline Ryanair has agreed to retain the jobs of all UK-based cabin crew in return for pay cuts, it was announced by trade unions on Wednesday.
Jul 8, 2020
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