The coronavirus pandemic has put airlines around the world in a precarious position. Airbus is already feeling the knock-on effects and will cut its workforce.
With travel bans and fewer people flying, the coronavirus pandemic means huge airliners like the Boeing 747 and the Airbus A380 have hit the end of the line earlier than many had expected.
VW, Renault, Airbus and Deutsche Bahn have reported severe losses for the second quarter of 2020, when the coronavirus had forced many countries to lock down. For one company in the US, the pandemic has proven a boon.
The move is part of a restructuring plan to cope with the economic fallout of the coronavirus crisis. The airline said it would halve its investment in new aircraft.
Brazil confirmed a record rise in new daily coronavirus cases and deaths as the government lifted a ban on foreign travelers. Meanwhile, the US death toll has exceeded 150,000. Follow DW for the latest.
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