Bloomberg Air Canada will cut capacity by as much as 90% next quarter and temporarily reduce its workforce by about 16,500 to reduce costs during the coronavirus crisis. The decision, effective on or around April 3, puts 15,200 unionised employees on “off-duty status” while 1,300 managers will also be furloughed, the airline said. The company said the cuts were required ...

Bloomberg Southwest Airlines Co is “in intensive care,” its chief executive officer said, urging employees to keep cutting expenses wherever possible as the new coronavirus continues to erode travel. The US discounter is evaluating the $50 billion federal programme that will provide loans and cash payments to help carriers meet payroll and other employee costs. It’s premature to know “how ...

Bloomberg Spirit Airlines Inc is temporarily suspending service at five airports in the US Northeast because of heightened government travel advisories aimed at curbing the spread of coronavirus. The pause begin this week at New York’s LaGuardia and New Jersey’s Newark Liberty International, Spirit said in an email. The discounter is also halting service to Hartford, Connecticut, and two destinations ...