Japan Airlines (JAL) is expected to file for bankruptcy today, and announce drastic cuts to its workforce as the ailing carrier seeks to restructure.
British Airways says 800 workers have volunteered to work for nothing for up to a month, following its request to cut costs.
[From 800 BA workers set to work unpaid]
The world’s airlines will lose $9 billion this year after shedding $10.4 billion in 2008, IATA DG and CEO Giovanni Bisignani said Monday.
Singapore Airlines has unveiled capacity cuts across much of its passenger network as it copes with a drop in demand amid the global economic downturn.
The Star Alliance carrier said earlier this week that it will now be decommissioning 17 aircraft in the financial year starting 1 April, rather than four aircraft as previously planned. It said [...]
