Business

Singapore Airlines to shed 4,300 jobs due to virus

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".

Business

Lufthansa hints at cockpit redundancies in 2021

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.

Business

Airbus cuts 15,000 jobs to face aviation's 'gravest crisis'

European aircraft maker Airbus said on Tuesday it is planning to cut around 15,000 jobs worldwide, 11 percent of its total workforce, in response to the "gravest crisis" the industry has ever seen caused by the coronavirus.

Business

General Electric to cut 10,000 aviation jobs

General Electric announced Monday it will cut an additional 10,000 jobs from its aviation sector as the coronavirus pandemic decimates the industry, forcing companies to cancel orders.

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