AP reports from London that European budget carrier easyJet and American Airlines both plan to cut large parts of their workforces as the global aviation industry struggles to cope with a near total halt to travel amid the COVID-19 pandemic.
Easyjet announced Thursday that it will cut up to a third of its 15,000 employees. It aims to resume limited service on June 15, but estimates that it may take three years for demand to get back to the levels of 2019, before the coronavirus outbreak grounded flights around the world and pushed the global economy toward a deep recession.
American Airlines, meanwhile, plans to slash its 17,000 management and support staff by 30%, or about 5,100 jobs. That could include layoffs in October if there aren’t enough takers for a buyout offer.
Read the full report at thenationalherald.com
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