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Lufthansa losing 1 mn euros per hour, will need state aid: CEO

Lufthansa

Lufthansa is losing a million euros ($1.1 million) per hour as the coronavirus pandemic paralyses travel, CEO Carsten Spohr said, warning that the German airline giant would need state aid to survive. READ ALSO: NSCDC cautions gas dealers against operating in residential areas “We are losing about a million euros in liquidity reserves per hour. Day
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British Airways suspending flights from London's Gatwick

British Airways temporarily lays off 28,000 staff

Flagship airline British Airways will temporarily lay off 28,000 employees, or 60 percent of its workforce, due to the coronavirus crisis which is paralysing the sector, trade union Unite announced Thursday. Unite said in a statement it had “reached agreement with the company” to use the government’s business support programme for around 28,000 staff, guaranteeing
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Lufthansa

Lufthansa puts 87,000 workers on reduced hours

European airline giant Lufthansa said Thursday it has placed 87,000 workers — more than 60 percent of its workforce — on government-backed shorter hours schemes, as air travel idles amid the coronavirus crisis. Among the group’s 135,000 employees, cabin crew, ground crew and for the first time ever pilots are all affected by the measure,
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FAAN

FG to shutdown Lagos, Abuja international airports Monday

The Federal Government on Saturday confirmed that it would shutdown all inbound and outbound flight operations in the Lagos and Abuja International Airports with effect from Monday. The Director-General of NCAA, Capt. Musa Nuhu, confirmed the development in a letter addressed to all airlines’ Country Managers dated March 21 with Ref: NCAA/DG/AlR/ll/16/106. Nuhu explained in
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Air Peace, Israelis, Coronavirus

COVID-19: Air Peace reduces flight operations

By Lawani Mikairu Air Peace airline Thursday said it is cutting down its number of flight operations per day in response to the adverse effects of the pandemic, Coronavirus on flight operations worldwide. According to Mrs Toyin Olajide, Chief Operations Officer, Air Peace, the airline took the decisive decision after an emergency meeting with its
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