Business

Ryanair cuts Sept, Oct flights as virus hits demand

Ryanair will cut its September and October timetable by "20 percent" on weaker-than-expected demand following renewed virus-linked travel restrictions in some European countries, the Irish airline said Monday.

Business

Thousands of British Airways employees face job losses

Some 4,000 British Airways workers are learning Friday whether they will be fired as the airline slashes jobs amid the drop in demand and travel restrictions stemming from the COVID-19 pandemic.

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

Boeing 737 MAX could take off Monday for commercial survival

Boeing's 737 MAX plane could begin key recertification flight tests as soon as Monday, a crucial step for the survival of a top-selling plane that has been grounded for more than a year following two fatal crashes.

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