British Airways furloughs 30,000 staff to cope with coronavirus
British Airways will furlough more than 30,000 employees to save cash during the coronavirus pandemic after extending jet groundings to include almost all of its…
Boeing to offer voluntary buyouts to entire staff of 161,000
Boeing Co. will offer voluntary buyouts to its entire staff of 161,000, in a bid to shed costs and adapt the massive manufacturer to a…
Southwest to become second US airline applying for relief
Southwest Airlines Co. intends to apply for federal aid, becoming the second U.S. carrier saying it will seek government assistance after being battered by a…
Boeing expected to announce voluntary buyouts to all employees
Boeing Co. is expected to announce voluntary buyouts in a message to its 161,000 employees on Thursday, according to a person familiar with the plans.
Deal shows virus-hit airlines can sell debt but cost steep
A bond deal by South Korea’s biggest airline showed that while carriers pummeled by the coronavirus pandemic can still sell debt, they will need to…
Stricken airlines risk clash with EU in bid to avoid refunds
Airlines grappling with their biggest peacetime crisis face a European Union legal headache after offering customers vouchers instead of immediate refunds for flights canceled amid…
Trump Says He May Restrict Flights From New York Over Virus
President Donald Trump said his administration is weighing whether to halt flights from some of the cities hardest hit by the coronavirus outbreak -- including…
Boeing Max return at risk in major work-from-home challenge
Of all the twists that have complicated the ungrounding of Boeing Co.’s 737 Max, this one might be the strangest: A global pandemic is keeping…
American Air blunder forces carrier to cut leave offer in half
American Airlines Group Inc. botched its offer of paid time off to some pilots, forcing the carrier to pull back offers for 1,200 slots and…
Deal shows virus-hit airlines can sell debt but at steep cost
A bond deal by South Korea’s biggest airline showed that while carriers pummeled by the coronavirus pandemic can still sell debt, they will need to…
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