Bloomberg British Airways, the world’s biggest operator of Boeing Co 747-400s, is retiring its entire fleet of the jumbo jets with immediate effect because of the damage the coronavirus has done to air travel. “It is unlikely our magnificent ‘queen of the skies’ will ever operate commercial services for British Airways again due to the downturn in travel caused by ...

Bloomberg Rolls-Royce Holdings Plc has reached agreement with unions on up to 700 UK job cuts this year, with the rest of its planned downsizing made up by employees taking voluntary buyouts. The company announced in June it planned to eliminate 3,000 UK jobs this year. While more than that number applied for voluntary severance, the company will still make ...

Bloomberg Delta Air Lines Inc has proposed cutting the number of hours pilots fly each month by 15% to further reduce labour spending and help avoid involuntary layoffs as surging US coronavirus cases quash travel demand. The proposal offered to the Delta unit of the Air Line Pilots Association would remain in place for a year with hours flexing back ...