Virgin Australia to axe one-third of workforce, focus on short haul under Bain

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Virgin Australia to axe one-third of workforce, focus on short haul under Bain

SYDNEY, Aug 5 (Reuters) – Virgin Australia Holdings Ltd said on Wednesday it would make permanent cuts to one-third of its workforce and focus on being a short-haul Boeing Co 737 operator as part of a new business plan under the ownership of Bain …
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Coronavirus: Bay Area layoff pace eases but American Airlines will exit Oakland

The number of job cuts proposed in the Bay Area fell during July, filings with state labor agencies show, but American Airlines revealed in an official notice that the struggling airline will cease operations at Oakland International Airport. Separately, job cuts …
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Ryman's second-quarter earnings show how hard Covid-19 impacted hospitality giant

Ryman Hospitality Properties, like many in the hospitality industry, felt the full brunt of the Covid-19 pandemic, according to its second-quarter earnings report. Ryman’s revenue plummeted as travel restrictions and social-distancing mandates due to Covid-19 …
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Virgin Galactic unveils Mach 3 supersonic jet

Virgin Galactic unveiled the design for an upcoming high-speed aircraft this week that may be able to fly from New York to London in 90 minutes. Continue Reading Below. The Richard Branson-founded aerospace company said it had signed an agreement …
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NJ Transit suspends rail service due to Isaias

NJ Transit suspended all rail service Tuesday afternoon because of overhead wire and signal problems caused by tropical storm Isias. SEPTA’s West Trenton Line was suspended as well. Rail tickets and passes were being cross-honored by PATH at Newark …
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