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

Lufthansa warns of forced layoffs on virus turbulences

German airline giant Lufthansa said Thursday that demand for air travel will return to pre-crisis levels only in 2024 or even later as it announced forced layoffs on the back of a significant loss.

Business

Air travel not expected to recover until 2024

Global air travel is recovering more slowly than expected and it will take until 2024 to return to pre-pandemic levels, the trade association for the airline industry said Tuesday.

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