Boeing Lays Off ‘Vital’ Contractors in Sweeping Cost Cuts
Boeing is laying off several experienced contractors as part of broad cost-cutting measures announced by the company’s finance chief on Monday.
Boeing is laying off several experienced contractors as part of broad cost-cutting measures announced by the company’s finance chief on Monday.
Troubled Indian low-cost carrier (LCC) SpiceJet has announced a company-wide layoff of 1,400 employees amid a slew of recent issues.
Delta is making a ‘small adjustment’ to its corporate staff headcount, which includes layoffs. This is one of a few time a major U.S. airline has publicly confirmed layoffs post-COVID.
As airlines try to adjust schedules to fit demand, numerous airlines have cut service to cities across their route network. Calgary, Canada-based WestJet has become the latest carrier to do so, announcing cuts to their Atlantic Canada network effective Nov. 2. The Calgary-based airline announced the indefinite suspension of operations in Moncton, Fredericton, Sydney and […]
CARES Act funding ran out at midnight on Thursday morning, and tens of thousands of airline employees braced for furlough as congress failed to make a job-saving funding extension. When the U.S. passed the CARES Act in March, among its terms were a prohibition on involuntary layoffs or furloughs through Sept. 30. Throughout the summer, […]
The summer has passed and the prospects for the aviation industry’s recovery are once again exhausted. The high season ends and, except for some signs of recovery in demand that was seen in July and August, the market again shows the impact of COVID-19 on European aviation. For that reason, Lufthansa decided it must advance […]
American Airlines announced Tuesday morning that it will cut 19,000 jobs on Oct. 1 when federal subsidies from the CARES Act run out. Per the money it received, the airline was not allowed to involuntarily cut any staff through Sept. 30. Cuts in October will include about 17,500 flight attendants, pilots and mechanics in addition […]
In a move that may become increasingly common among airlines seeking to avoid layoffs, EasyJet will be offering pilots an alternative to being made redundant. The plan will offer pilots seasonal contracts, working for parts of the year and taking the rest of the year off. The offer comes as airlines across the globe are […]
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 late winter and spring, life […]
Turkish Airlines announced that it will implement pay cuts to protect employment and reduce its cash outflow in the midst of the coronavirus pandemic. The news comes after the airline announced that the Labor Union did not respond to the airline’s offer and its expectations and calls for reconciliation remained unanswered. As of August 1, […]