British Airways' parent company has indicated the airline could cut 12,000 out of 45,000 staff to survive the coronavirus crisis.
Lufthansa is reportedly on the brink of bankruptcy as negotiations continue with the German government for a €9bn bailout.
Tuesday airline update: Condor’s €550m bailout
The European Commission has approved a €550 million state loan from the German government for struggling Condor.
Emirates ramps up refund capabilities to clear backlog
Emirates has ramped up its capability to process refunds, reaffirming its commitment to customers and travel trade partners impacted by travel disruptions caused by the COVID-19 pandemic.
Virgin Atlantic’s owners have put the airline up for sale as the COVID-19 pandemic continues to trouble the struggling airline.
Monday airline update: Air France-KLM receives €7bn
Talks between Air France KLM, banking institutions and the French government have ended with the airline announcing that it is set to receive €7 billion.
