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SINGAPORE: Singapore Airlines Ltd is eliminating about 4,300 jobs as it contends with the devastating impact of the coronavirus pandemic on the aviation industry.
BERLIN: Deutsche Lufthansa AG, Europe’s biggest airline, is working on further belt-tightening measures that could result in the elimination of 20,000 more jobs, according to newspaper NZZ am Sonntag.
This comes as Aussie airline moves to survive virus impact
COLOGNE: Deutsche Lufthansa AG’s biggest stockholder said he’d vote in favor of a €9bil (US$10bil) government bailout, giving the rescue plan a shot of momentum on the eve of a crunch vote.
PARIS: France is warning flag carrier Air France-KLM against making forced job cuts, with Finance Minister Bruno Le Maire saying such a move would constitute a “red line” the carrier shouldn’t cross after receiving a state bailout.
Fares are lower by up to 14% until August