Airbus starts biggest-ever restructuring with 15,000 jobs to go
Airbus has about 135,000 employees globally The logo of Airbus is pictured at the entrance of the Airbus facility in… Read More »
Airbus close to slashing jobs as CEO confirms 40% output drop
Airbus (AIR.PA) was finalizing an imminent restructuring plan involving thousands of job cuts on Monday as its chief executive confirmed… Read More »
Boeing begins crucial certification test flights for grounded 737 MAX
Boeing Co began a series of long-delayed flight tests of its redesigned 737 MAX with regulators at the controls on… Read More »
Australian regional Rex plans to operate ‘Golden Triangle’ flights
The carrier will go head-to-head with Qantas and Virgin Australia. Australian carrier Regional Express Holdings (Rex) is a rare example… Read More »
NokScoot becomes victim of COVID-19 pandemic
Singapore Airlines-Nok Air JV folds in face of passenger demand drop. The board of NokScoot has passed a resolution to… Read More »
Delta CEO Defends Taking Government Bailout After Stock Buybacks
When you make an investment in a business, you expect at some point to be rewarded. It’s that simple, says… Read More »
Delta Confirms 500 Test Positive, 10 Dead From Coronavirus
Delta Air Lines CEO Ed Bastian has confirmed that the Atlanta-based carrier has had 500 employees who have tested positive for… Read More »
Hyatt Sets Reopening Plan for Caribbean All-Inclusives
Hyatt Hotels is set to get back to business with its all-inclusive properties in the Caribbean with a phased, regional… Read More »