About 400,000 global airline jobs lost or at risk due to virus

About 400,000 airline workers have been fired, furloughed or told they may lose their jobs due to the coronavirus, according to Bloomberg calculations.

 

The aviation industry has suffered more than most as the pandemic destroys ticket sales and strips companies of cash.

 

Airlines the world over have drastically cut back on flights due to border restrictions and a lack of appetite for travel, particularly internationally, because people are worried about contracting the virus and spending lengthy periods in quarantine.

 

British Airways, Deutsche Lufthansa AG, Emirates Airline and Qantas Airways Ltd. are among the carriers announcing thousands of dismissals and unpaid leave programs. Many more are expected in the U.S. after a ban on job cuts — a condition of a $50 billion government bailout — is lifted at the end of September. Delta Air Lines Inc., United Airlines Holdings Inc. and American Airlines Group Inc. have already warned about 35,000 employees that their jobs are at risk. The trio’s combined personnel losses could top 100,000 by year-end.

 

Even the pilots and cabin crew who manage to keep their jobs are, in general, facing salary cuts.

 

Source: Jordan News Agency

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