Extension of the U.S. government’s Payroll Support Program could avoid the need for involuntary cuts until the first quarter of 2021, said United Airlines.
The International Air Transport Association calls for governments to show more urgency in their efforts to coordinate application of travel restrictions.
The low-cost, long-haul concept remains at the center of Norwegian plans but on a smaller scale, prompting it to divest up to 17 of its 37 Boeing 787s.
The number of flights in European airspace are nearing 50 percent of 2019 levels, driven mainly by low-cost carriers operating short-haul leisure flights.
London-based Virgin Atlantic hopes creditors will approve its restructuring and recapitalization plan on August 25 as its cash reserves are dissipating.