International Airlines Group has cut 94% of its flights in the midst of coronavirus travel restrictions.
British Airways parent company IAG recorded a $1.8 billion loss in the first three months of the year, as widespread travel restrictions caused by coronavirus prompted the group to slash 94% of its flights.CEO Willie Walsh said on Thursday that it would take three years for passenger numbers to return to levels seen before the pandemic hit and caused airlines halt flights as demand slumped.
Thursday’s news comes after British Airways said last week it would cut 12,000 jobs to save cash in the midst of the global fall in air travel. The Anglo-Spanish airline group, which is Europe’s third largest, said it does not expect passenger numbers to start returning until July at the earliest.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Migrants deported by U.S. make up more than 15% of Guatemala's coronavirus casesU.S. deportation flights to Guatemala resume -- with promises of testing for coronavirus
Weiterlesen »
Australia Hopes To Re-Open Cinemas In JulyMovie theaters in Australia are aiming to re-open in July, the National Association of Cinema Operators said late Tuesday local time. Cited by local media, the org said it was “enthusiastic a…
Weiterlesen »
Qatar Airways in talks with banks for billions of dollars in loans: sourcesQatar Airways is in talks with banks for loans worth billions of dollars, three sources familiar with the matter said, as the state-owned airline readies to begin rebuilding its network that has been crushed by the coronavirus pandemic.
Weiterlesen »
JetBlue to give free flights to 100,000 healthcare workers - Business InsiderJetBlue said that 100,000 healthcare workers and first responders will get a free pair of flights, good through July 2021.
Weiterlesen »
Man Who Allegedly Texted Ex's Friends for Months Arrested a Year After Former Partner Went MissingMonica Moynan, 23, was first reported missing in July 2019, though police believe she has been missing since last April
Weiterlesen »
US stocks climb as economic reopening hope offsets dismal jobs report | Markets InsiderUS stocks rose Wednesday amid continued efforts by the US government to reopen the economy. Investors looked past a dismal report from ADP showi...
Weiterlesen »