The FINANCIAL — American Airlines, British Airways and oneworld® have launched an optional coronavirus (COVID-19) medical-based testing trial on select flights from cities in the United States to London Heathrow (LHR), in a combined effort to scientifically demonstrate how COVID-19 testing can reopen
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The FINANCIAL — American Airlines announced that it would shrink its workforce by 40,000, including 19,000 involuntary cuts, on 1 October, as the coronavirus pandemic continues to weigh on air travel. Other airlines such as United, British airways and Lufthansa have warned of
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The FINANCIAL — British Airways plans to axe almost 30 per cent of the airline’s workforce. Airline says that the financial impact of Covid-19 is already greater than 9/11, SARS, the ash cloud and the financial crash of 2008/09 combined. Lufthansa also plans reduction of
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The FINANCIAL — Due to the unprecedented escalation of COVID-19, the Board of TUI are continuously evaluating the situation and are considering a variety of actions to support their customers, colleagues and stakeholders. Multinational travel and tourism company TUI (TUI.L) announced that
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