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Higit 5,000 local airline employees nawalan ng trabaho dahil sa pandemya

ABS-CBN News
Posted at May 21 09:18 PM

Hirap na ang airline industry dahil sa kaliwa't kanang restriction sa iba't ibang bansa kabilang na ang Pilipinas.  Read more »

Airlines face $47.7 billion loss in 2021: IATA

Agence France-Presse
Posted at Apr 22 08:18 AM

Airlines lost more than $126 billion last year as the Covid-19 crisis prompted countries to lock down cities, close borders and ban international flights. Read more »

PAL cutting workforce by 2,300 as pandemic continues to weigh down flights

ABS-CBN News
Posted at Feb 02 04:04 PM

PAL said this represents about 30 percent of its workforce, and includes both voluntary separations and involuntary retrenchment.   Read more »

Indonesian plane feared crashed after losing contact

Agence France-Presse
Updated as of Jan 09 11:03 PM

An Indonesian budget airline plane with 62 people on board is suspected to have crashed into the sea shortly after the Boeing 737 took off from Jakarta airport on Saturday, authorities said. Read more »

Airlines see "oasis" in entertainment, energy sectors during pandemic

Reuters
Posted at Dec 04 03:17 PM

Airlines eager to fill premium seats left empty by the coronavirus crisis are making a beeline for the entertainment and energy industries, which still must get its workers to far-off places.   Read more »

Lufthansa warns of further restructuring costs in Q4

Reuters
Posted at Nov 05 03:03 PM

Lufthansa on Thursday said it booked a net loss of 2 billion euros ($2.35 billion) in the third quarter due to the pandemic-related slump in travelling and said further restructuring measures would weigh on fourth-quarter figures.  Read more »

Air France-KLM warns of bigger losses amid lockdowns

Laurence Frost, Reuters
Posted at Oct 30 04:40 PM

Air France-KLM unveiled a 1.05 billion-euro ($1.24 billion) quarterly operating loss and warned of worse to come as a resurgent coronavirus brings new travel curbs. Read more »

Cathay Pacific to cut 5,900 jobs, end Cathay Dragon brand due to pandemic

Jaime Freed, Reuters
Posted at Oct 21 08:28 AM

Hong Kong's Cathay Pacific Airways Ltd said on Wednesday it would cut 5,900 jobs and end its regional Cathay Dragon brand as it grapples with a plunge in demand from the coronavirus pandemic. Read more »

United Airlines slashes costs to prepare for eventual COVID-19 rebound

Tracy Rucinski and Ankit Ajmera, Reuters
Posted at Oct 15 10:31 AM

United Airlines said on Wednesday it cut operating costs by 59 percent in the third quarter and had nearly $20 billion of liquidity to position it for an eventual recovery from the COVID-19 crisis that has hammered the travel industry.   Read more »

Local airlines eye further cuts, other measures to ride out pandemic, says air carriers group

ABS-CBN News
Posted at Oct 13 10:46 AM

Airlines in the country are eyeing further cuts and other measures to ride out the pandemic as revenues remain scarce, the Air Carriers Association of the Philippines said Tuesday.  Read more »

French Airbus workers sign key restructuring deal

Johanna Decorse, Reuters
Updated as of Oct 13 09:56 AM

Major French unions on Monday signed a keenly awaited labour deal with Europe's Airbus covering job reductions and furloughs for production workers affected by coronavirus-blighted demand for passenger jets. Read more »

Malaysia Airlines boss says will have to shut down if restructuring plan fails

Joseph Sipalan and Anshuman Daga, Reuters
Posted at Oct 12 09:36 AM

Malaysia Airlines will have to shut down if its lessors decide not to back its latest restructuring plan, the chief executive of the airline's parent group was quoted as saying on Saturday.   Read more »

Australia's Qantas posts $1.9 billion loss, confirms job cuts

Agence France-Presse
Posted at Aug 24 08:50 AM

Australian flag carrier Qantas on Thursday posted an almost US$2-billion annual loss after a "near-total collapse" in demand due to the coronavirus pandemic.   Read more »

Boeing seeks more voluntary layoffs

Agence France-Presse
Posted at Aug 19 09:14 AM

Boeing is launching a second round of voluntary layoffs to trim its workforce, the company said Tuesday, as it navigates a brutal commercial aviation market and seeks to return the 737 MAX to service. Read more »

Physical distancing on aircraft ‘nice’, but unrealistic: Emirates

Agence France-Presse
Posted at Jul 16 09:52 PM

Emirates resumed operations two weeks later on a limited network and plans to fly to 58 cities by mid-August, down from about 157 before the crisis.   Read more »

Pagbangon ng mga negosyong pinadapa ng COVID-19 posibleng abutin nang 2 taon - labor official

ABS-CBN News
Updated as of Jun 06 07:56 PM

Isa ang airline industry sa mga apektado ng COVID-19 outbreak, lalo na’t karamihan ng biyahe, partikular na ang mga leisure travel, ay natigil muna dahil sa pandemya.  Read more »