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Nearly half a million jobs globally may be lost in the aviation industry in 2020. (Photo: AirlineGeeks | Katie Bailey)

Global Aviation Industry Could See Over 500,000 Job Losses in 2020

Over 350,000 aviation jobs have been cut over the past six months. Over 25,000 jobs are expected to cut through the end of the year, and an additional 95,000 jobs are in jeopardy, Crain’s Business reports, potentially putting aviation-related job losses around 470,000 or higher by the end of 2020. Around 220,700 jobs so far have been lost at airlines. Just over 60,000 have been lost at aircraft manufacturers. An additional 46,500 job losses are associated with airline servicing, and…

U.S. Airline Furloughs: Where We Stand

When SARS-CoV-2, the novel Coronavirus strain that causes COVID-19, first reached the U.S., nobody really knew how the disease, which at the time had not yet been granted pandemic status by the World Health Organization, would impact life in this country. Yet as the disease spread throughout the country throughout…

IATA Estimates Airlines Set to Lose $84 Billion in 2020

Airlines will lose $84 billion in 2020, the biggest loss of cash ever according to the forecast of International Air Transport Association (IATA) which was announced on Tuesday. The losses are expected to total approximately $16 billion in 2021 as the aviation industry recovers from the impacts of the coronavirus…

Airline Lobbying Group Praises New Sustainable Aviation Fuel Pathway

Aviation has long been the target of climate advocates who say that the industry, which contributes significantly to greenhouse gas emissions blamed for climate change fears, has not taken enough precedent to reduce emissions and fight the climate crisis.  Now, it will be easier for airlines to cut their emissions…