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.

Spirit Airlines warns of layoffs, ExpressJet's fate in doubt

Spirit Airlines has warned up to 30% of its employees that they will lose their jobs in October, and regional carrier ExpressJet's future is in doubt after losing a key contract as the virus pandemic continues to hammer the ...

Business

Airport seizes Virgin Australia planes to recoup debt

Several Virgin Australia planes were seized Friday in what an airport operator said was an attempt to recoup debt from the carrier, which collapsed under the strain of the coronavirus pandemic this week.

Business

Virgin Australia to go into administration: source

Troubled airline Virgin Australia on Monday moved toward voluntary administration, an AFP source said, becoming the largest airline yet to fall victim to the coronavirus pandemic.