Hawaiian Airlines has told unions it may have to furlough more than 2,000 employees as the carrier looks to realign the size of its workforce with the new operating environment.
Dutch airline KLM said it would cut 4,500-5,000 jobs as it embarks on a post-COVID-19 road to recovery that is set to be “long and fraught with uncertainty.”
Thailand’s Nok Air has become the latest airline to seek a restructuring through the courts after succumbing to the financial pressures caused by the COVID-19 pandemic.
Air France-KLM, pledging to step up its restructuring plans as it unveiled a massive quarterly loss caused by the COVID-19 crisis, said it expects capacity to remain at least 20% below 2019 levels in 2021, with a recovery to pre-crisis capacity by 2024.
A senior United Airlines executive said up to a third of the company’s pilots may be furloughed this fall, as carriers increasingly warn of the need to cut labor costs following the expiration of federal payroll support on Sept. 30.
Allegiant Air will furlough 275 pilots in October, after posting a $95 million net loss in the 2020 second quarter (Q2), despite outperforming its peers on a host of key metrics.
Garmin said it was returning to normal operations following a cyberattack that disrupted its web-based aviation and consumer applications for several days.
As part of its efforts to preserve cash, Singapore Airlines (SIA) will be expanding its pay cuts to all employees, ranging from 10% to 35% depending on seniority.
The European Council has further reduced its list of countries from which it recommends lifting COVID-19 travel restrictions, removing Algeria from the “safe list” in its latest update.
Safran is taking the opportunity of the ongoing COVID-19 crisis to accelerate the reorganization of its cabin interiors activity, aiming at making it stronger than before the pandemic.
Irish lessors AerCap and Avolon have both released second quarter (Q2) 2020 financial results that reveal the initial impact of the COVID-19 crisis on their balance sheets.
High-speed airliner developer Boom Supersonic and engine-maker Rolls-Royce have agreed to study propulsion system concepts for the Colorado-based company’s proposed Mach 2.2 Overture aircraft design.
Emirates Airline has notified its passengers that all travelers arriving in Dubai or transiting at its Dubai (DXB) hub must have a negative COVID-19 PCR test certificate, starting from Aug. 1.
As production rates have decreased amid the COVID-19 crisis, Airbus’ suppliers are in a difficult but still viable situation, according to Guillaume Faury, the airframer’s CEO.
