Boeing introduces voluntary layoff plans
Boeing is introducing a voluntary layoff plan for its employees as the embattled airframe maker prepares for the post-Covid 19 recovery process which it said could take, “years to come”. The news was ...
Boeing is introducing a voluntary layoff plan for its employees as the embattled airframe maker prepares for the post-Covid 19 recovery process which it said could take, “years to come”. The news was ...
American Airlines will suspend more than 60% of international capacity for the peak summer travel season versus the same period last year, while delaying the introduction of some routes due to ongoing...
Moves by non US Americas airlines to shore up their business in the face of plummeting passenger demand have been dealt a further blow by a stronger US dollar, according to analysts Cowen. Air Canada,...
Rolls-Royce has been hit by the shutdown of a key supplier in Italy, which makes castings for specialised turbine blades, according to reports by a media outlet. Rolls-Royce has closed its UK civil ae...
The German government is preparing to take over Condor as a deal for the airline to be bought by Polish carrier LOT could collapse due to Covid 19, according to Reuters. In January LOT inked a deal to...
Airbus is studying a sharp cut in output of its top-selling A320 plane series in light of industrial and delivery challenges posed by the coronavirus crisis, according to Reuters. Airbus may have to c...
Boeing is reacting to the effects of the pandemic on airlines, with expectations to begin early retirement and buyout packages, The Wall Street Journal reports. An internal announcement of the moves w...
LATAM Airlines Group has announced a 95% reduction in operations during April 2020, in light of border closures and lower demand due to the COVID-19 pandemic. Measures will be evaluated on an ongoing ...
British Airways has struck a deal with unions that means that up to 80% of BA cabin crew, ground staff, engineers and those working at headquarters will have their jobs suspended. The furlough falls u...
Due to the continuing travel restrictions, Lufthansa will extend its repatriation flight schedule, which was originally scheduled to run until 19 April, to 3 May. This also means that all remaining fl...
The International Air Transport Association strengthened its call for urgent action from governments in Africa and the Middle East to provide financial relief to airlines as the latest IATA scenario f...
The European Commission (EC) has approved a French scheme allowing airlines to defer the payment of some taxes to help them weather the COVID-19 crisis by reducing pressure on their cash flows. The EC...
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