Alitalia being nationalised

Alitalia being nationalised

Alitalia will "initially" be 100% state owned but "then we will have to see", Transport Minister Stefano Patuanelli said Thursday. He said the troubled former national flag carrier will be…
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Airbus to cut jetliner production

Airbus to cut jetliner production

European manufacturer Airbus announced plans to cut jetliner production across the board after the coronavirus epidemic triggered aviation's worst industrial crisis and drastically reduced deliveries to cash-starved airlines. In its largest-ever…
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KLM to cut up to 2,000 jobs

KLM to cut up to 2,000 jobs

KLM, the Dutch subsidiary of Air France-KLM, plans to slash up to 2,000 jobs and ask for government support as it cuts working hours by one-third for its entire staff…
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Airlines facing turbulence

Airlines facing turbulence

The crisis engulfing the airline industry deepened on Tuesday as carriers cancelled flights, withdrew earnings guidance and implemented austerity measures to cope with the travel slump caused by the coronavirus…
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