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Thousands of airline workers are bracing for layoffs at the end of the month unless Congress overcomes a monthlong stalemate. Airlines face wave of layoffs amid coronavirus-aid impasse Skip to ...
Yahoo Finance’s Sibile Marcellus joins Akiko Fujita to break down how companies like Delta Airlines are changing the flight experience for travelers amid the coronavirus. Massive layoffs loom ...
Flight attendants likely will be the hardest hit if the airline layoffs come this week because there are over 25,000 of them, more than any other job in the industry, said Savanthi Syth, an ...
The effects of COVID-19 lockdowns were subject of the first quantitative research on large-scale modal shifts and demand reduction in aviation. [150] It illustrated that a significant share of business travel is not necessary [151] and advanced or increased the adoption of various methods and technologies to mitigate air travel demand.
On 19 March 2020, Qantas confirmed it would suspend about 60% of domestic flights, [168] put two-thirds of its employees on leave, suspend all international flights and ground more than 150 of its aircraft from the end of March until at least 31 May 2020 following expanded travel restrictions.
Ten major airlines have tentatively agreed to accept federal assistance to keep employees on their payrolls through Sept. 30 after balking for the past week over surprise terms presented by the ...
United Airlines Holdings (UAL) warned on Wednesday that it may lay off as many as 36,000 workers, or 45% of its workforce. United eyes mass layoffs as coronavirus creates 'worst crisis' in airline ...
Boeing has laid off hundreds of additional employees in Washington state and California as part of planned cuts that will eventually reduce the company's workforce by about 17,000. Nearly 400 ...