'Apocalypse now': Airlines turn to cargo for revenue as U.S. Senate approves aid package by Jamie_Freed tracyruci Follow our live blog for the latest updates on coronavirus:
SYDNEY/SINGAPORE - The U.S. Senate offered struggling airlines unprecedented aid worth $58 billion that will helping cover their staff wages, as carriers around the world seek state support and turn passenger planes into cargo liners in their desperate bid for revenues.
“For airlines, it’s apocalypse now,” said Alexandre de Juniac, director general of the International Air Transport Association , which represents carriers around the world. Airlines UK, representing carriers in Britain, asked the government for tax and air traffic fee holidays. The U.S. House of Representatives is expected to back the move on Friday. President Donald Trump has promised to sign it.
Virgin Australia plans to permanently cut more than 1,000 jobs among the 8,000 staff that have already been stood down. Australia’s Flight Centre Travel Group said it would cut 6,000 travel agent roles globally. In bid to raise revenue and keep some planes flying, Delta Air Lines and Air New Zealand joined others in offering cargo flights and charters on passenger planes.
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