July 14, 2020 8:20 am ET
June 11, 2020 1:57 pm ET -
Lufthansa Set to Slash 22,000 Jobs Amid Coronavirus Outbreak
Lufthansa plans to cut thousands of jobs in response to the financial turmoil caused by the coronavirus pandemic. Despite the airline agreeing on a €9 billion ($9.8 billion) bailout package with the government, 22,000 jobs are at stake as the…
June 10, 2020 8:00 am ET -
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…
June 4, 2020 11:46 am ET -
Opinion: Pilot and Technician Career Outlook Post-Pandemic Still Promising
Once again, airlines across the globe are facing stiff headwinds, this time due to the current COVID-19 pandemic. Travel bans and general health fears have driven customers away forcing airlines to reinvent themselves to keep the lights on. Government stimulus…
June 1, 2020 10:00 am ET -
Emirates Announces A380 First Officer and Cabin Crew Layoffs
Not long after reports alleging that Emirates considered massive layoffs, the world's biggest long-haul airline announced that they had to begin axing up jobs due to pandemic-related financial impacts. The company was said to be considering a plan to cut…
May 28, 2020 5:33 pm ET -
Boeing Resumes 737 MAX Production Amid Layoffs
The Boeing Company announced it will resume limited production of its 737 MAX aircraft in Renton, Wash. while also advising it will need to involuntarily lay off 6,770 employees to offset the economic impact of the coronavirus on the worldwide…