By Jamie Freed
By Jamie Freed
SYDNEY, March 19 (Reuters) – Airline business turmoil deepened on Thursday as Qantas Airways Ltd QAN.AX informed most of its 30,000 workers to take go away and India ready a rescue package deal of as much as $1.6 billion to help carriers battered by coronavirus, authorities sources stated.
The U.N.’s Worldwide Civil Aviation Group known as on governments to make sure cargo operations weren’t disrupted to keep up the provision of vital medicines and tools reminiscent of ventilators, masks, and different well being and hygiene objects that may assist cut back the unfold of the coronavirus pandemic.
Passenger operations have collapsed at an unprecedented charge because the virus spreads all over the world, with Delta Air Traces Inc DAL.N parking greater than 600 jets, chopping company pay by as a lot as 50%, and scaling again its flying by greater than 70% till demand begins to get well from the coronavirus epidemic hit.
Shares in U.S. airways fell sharply on Wednesday after Washington proposed a rescue package deal of $50 billion in loans, however no grants because the…