Search results
Results from the WOW.Com Content Network
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 ...
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.
Southwest Airlines said it would cut 15% of its corporate workforce, or about 1,750 employees. The first major layoffs in Southwest's 53-year history come amid profitability woes.
Layoffs have hit companies from Blue Origin to Meta and Boeing already in 2025 amid a backdrop of cost-cutting and technological change. The list of major companies laying off staff this year ...
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.
Airbus has stepped up warnings of compulsory layoffs as air travel fails to recover as quickly as expected from the coronavirus crisis, putting itself on a potential collision course with unions ...
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 ...
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 ...