Boeing to offer voluntary layoffs to employees to tide over coronavirus fallout
NEW DELHI: Boeing Co (BA.N) Chief Executive Officer Dave Calhoun outlined a plan of voluntary layoffs for employees on Thursday, while warning that the coronavirus...
Exclusive: Germany in talks to inject billions into Lufthansa
FRANKFURT: Germany is in talks to provide Lufthansa (LHAG.DE) with billions of euros in state aid and could take a stake in the airline, which...
Covid-19 impact: Air India suspends contract of around 200 employees
NEW DELHI: Air India on Thursday temporarily suspended the contracts of around 200 employees including pilots, who were re-employed after retirement, as all domestic and...
SpiceJet to cut up to 30 per cent salary of employees in March
NEW DELHI: Budget carrier SpiceJet has decided to cut up to 30 per cent salary of its employees in March with Chairman Ajay Singh opting...