Search results for “voluntary leave”
Airlines have given up on 2020. Now next year is looking bleak too.
10/21/2020|10:01:19 AM|
It will likely take even longer for airlines to stop bleeding money because of discounted fares and open middle seats on some carriers.
Cathay says over 90% of pilots, cabin crew sign new contracts
11/06/2020|5:20:22 PM|
Executive pay cuts will continue throughout 2021 and the third voluntary special leave scheme for non-flying employees will be introduced in the first half of next year.
Cathay crew willing to take year-long unpaid leave
09/23/2020|2:11:48 PM|
Hundreds of cabin crew lost their jobs over the summer after the carrier closed its crew bases in North America.
Marriott sees Greater China occupancy rates returning to pre-virus levels by early 2021
07/22/2020|6:12:43 PM|
Marriott said while the pandemic had delayed some of its hotel openings, it expected to open 70 to 80 hotels in the Asia Pacific this year.
China alerts citizens over US travel; Airline unveils $5 billion bailout plan | Daily Brief
06/09/2020|11:38:09 PM|
The Hong Kong carrier said there will be another round of executive pay cuts and voluntary special leave scheme for employees; Ocean Park, Disneyland will reopen soon.
Hong Kong to bail out Cathay Pacific with HK$30 billion in loan and direct stake
06/09/2020|1:16:00 PM|
It is the first time the government has directly injected money into a private company.
Amadeus plans for €300M cost-cutting program as coronavirus slams aviation
03/30/2020|1:09:49 PM|
The company is also canceling a dividend payment of €320 million that had been scheduled for the general shareholders’ meeting in June.
China offers airlines subsidies; Finnair considers layoffs | Daily Brief
03/05/2020|10:15:56 PM|
The head of the US Chamber of Commerce said the government will not need to bail out US airlines; Bookings from China to Canadian province declined 70% between March and October.

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