AirAsia has highlighted its efforts to raise new funds and cut costs as it seeks to reassure investors following an auditor’s report that questioned the carrier’s financial viability.
International Airlines Group’s (IAG) long-haul LCC LEVEL France will cease operations and start consultations with staff representatives on July 15, just weeks after sister short-haul carrier LEVEL Europe announced insolvency June 19.
Casablanca-based Royal Air Maroc will reduce its workforce by about one-third and shrink its fleet as it is reportedly losing MAD50 million ($5 million) every day because of the COVID-19 crisis.
Thousands of Airbus employees gathered July 8 in Toulouse for a demonstration at Airbus’ main site for commercial aircraft, protesting planned job cuts related to the COVID-19 crisis.
Although American Airlines has been more bullish than its peers about U.S. domestic air travel recovery, that optimism does not apply to its international operations.
Jiangxi Air, the airline part-owned by Xiamen Airlines, has applied to the Civil Aviation Administration of China (CAAC) to start international operations.
On April 17, Canadian Transport Minister Marc Garneau announced measures to limit the spread of the novel coronavirus that causes COVID-19, including a requirement that airline passengers wear face masks throughout their journeys.
United Airlines will notify 36,000 frontline employees this week about possible involuntary furloughs, setting the stage for a massive downsizing that could result in the loss of as much as 45% of its total workforce this fall.
The number of airline passengers willing to travel within months of the COVID-19 pandemic ending has fallen significantly compared to two months ago, according to an IATA survey.
