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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Business
Mitsubishi Motors told its shareholders Thursday that its top executives are taking pay cuts to share responsibility for the Japanese automaker's financial losses.
Jun 18, 2020
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Engineering
Tiny pyramids and cubes precisely aligned in rows and columns or radial lines of minute raised dots—these microscopic structures whose size is similar to the width of a human hair, are enabling engineers to design novel ...
Jun 17, 2020
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Business
Thousands of jobs could be at risk at British aircraft engine manufacturer Rolls-Royce, which on Sunday said it was in talks with unions about the impact of the coronavirus outbreak on operations.
May 3, 2020
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Business
Boeing outlined plans Wednesday to cut 10% of its workforce, slow production of new planes and raise more cash to survive a downturn in business that started with the grounding of its best-selling jet and has accelerated ...
Apr 29, 2020
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Business
European plane-maker Airbus said Wednesday it planned to cut 2,362 jobs in its Defence and Space division over the next two years.
Feb 19, 2020
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