Canadian airline WestJet will lay off 3,333 employees permanently across several departments, part of a series of organizational changes intended to streamline operations amid the COVID-19 pandemic.
The union representing American Airlines pilots wants the U.S. government to subsidize load-factor caps across the industry, an approach that would help stabilize airline finances while ensuring social distance in cabins.
The Occupational Safety and Health Administration (OSHA) has issued a citation and penalty to Textron Aviation as part of its investigation into a December explosion at its Wichita Plant 3 facility that injured 15 employees.
Asia-Pacific LCCs face major hurdles as they struggle to survive the network shutdowns caused by the COVID-19 crisis, but their business models also give them some factors in their favor as they plan for recovery.
FRANKFURT—An extraordinary assembly of shareholders and the European Commission (EC) has approved a €9 billion ($10.1 billion) state bailout for Lufthansa, clearing the way for the airline to begin its long route to recovery and avoid an imminent bankruptcy filing.
UK-based easyJet is launching a share placement worth up to £450 million ($558 million), in the budget carrier’s latest move to shore up its finances since the COVID-19 crisis took hold.
Qantas Airways has unveiled a three-year strategy to prepare for a slow airline industry recovery, including cutting 6,000 workers, storing or retiring larger widebody airliners, and raising A$1.9 billion ($1.3 billion) in new equity to fund its plans.
IATA CEO Alexandre de Juniac yesterday stressed at IATA’s media briefing the urgent need for governments to address the quarantine issue, and for countries seeking to open up their economies, travel and tourism is a critical sector.
