LATAM Airlines to fire 'at least' 2,700 workers in Brazil

BRASILIA (Reuters) – LATAM Airlines (LTM.SN) will fire “at least” 2,700 workers in Brazil, including pilots, its Brazilian arm said on Saturday, as the bankrupt carrier struggles to cut costs and cope with an industry collapse due to the COVID-19 pandemic. In a statement, LATAM Brasil said it opened a voluntary redundancy process on Friday […]

LATAM Airlines set to fire at least 2,700 workers in Brazil: reports

BRASILIA (Reuters) – LATAM Airlines (LTM.SN) is poised to fire at least 2,700 workers in Brazil, including pilots, starting with a voluntary redundancy process slated to commence next week, O Globo and O Estado de S. Paulo newspapers reported on Saturday. The layoffs are the latest in efforts to downsize Latin America’s largest airline, and […]

American and Southwest rethink summer flight adds as demand stalls

(Reuters) – American Airlines (AAL.O) and Southwest Airlines (LUV.N) said on Thursday they are rethinking the number of flights they had planned to add to their schedules for August and September as COVID-19 cases spike in some parts of the United States. Both had added more aggressively than competitors Delta Air Lines (DAL.N) and United […]

Southwest and American slow quarterly cash burn but warn demand has stalled

(Reuters) – Southwest Airlines (LUV.N) and American Airlines (AAL.O) each slowed their cash burn over the second quarter but warned that demand had stalled as COVID-19 cases spike, prompting Southwest to rethink the number of flights it had planned to add in August and September. Optimism about a summer rebound in travel has waned as […]

Explainer: How U.S. airlines are trying to stop COVID-19 on flights

CHICAGO (Reuters) – As some Americans prepare to travel for the July 4 holiday weekend, and airlines slowly ramp up service, the U.S. government has not changed rules for air travel during the pandemic, leaving airlines to implement their own measures. Most are taking what they call “a layered-approach.” That is the trick, according to […]