airline industry
United Airlines to cut 16,370 jobs as COVID hammers demand
US passenger airlines are still collectively losing more than $5 billion a month as 30% of planes remain parked
Vistara announces leave without pay for three days for pilots in September
The three-days leave without pay measure for pilots is in addition to a cut in monthly base flying allowance
SpiceJet to pay part salaries to over 92% employees, based on work hours contributed
In a press release, the budget carrier said it has decided that there would be no job cuts at this time
25 million jobs at risk with airline shutdown: IATA
Airlines are calling on governments to provide immediate financial aid to help airlines to remain viable businesses
Air travel getting safer with one accident every 8,84,000 flights
The safety report says there were 53 airline accidents in 2019
Coronavirus hits air travel demand but airlines forced to fly empty
Thousands of tonnes of jet fuel go to waste as airlines stand to lose flying slots under rigid European rules, unless they operate flights
Five effects of Jet Airways’s collapse on airline industry
Airport operators and oil marketing companies have lost a big customer with Jet Airways’ collapse.
Surging oil prices to hurt airlines' profits, says IATA
The aviation sector was likely to be at the peak of its profitability cycle after nine years of gains.