By Jamie Freed
By Jamie Freed
SYDNEY, March 17 (Reuters) – Airways and airport operators stated they’re taking steps resembling suspending dividends, promoting and leasing again airplanes and flying cargo on empty passenger jets as they grapple with a money crunch and plunging demand attributable to the coronavirus outbreak.
“It is now truthful to name this the only greatest shock that world aviation has ever skilled,” Qantas Airways LtdQAN.AX Chief Govt Alan Joyce stated in a memo to the airline’s 30,000 workers on Tuesday.
The Australian service introduced plans to chop worldwide capability by 90% and home capability by 60% till at the very least the tip of Might, grounding the equal of 150 planes in response to new journey restrictions.
“Our objective is to guard as many roles as attainable and to ensure we stay robust sufficient to journey this out,” Joyce instructed workers within the memo seen by Reuters.
New Zealand’s Auckland Worldwide Airport Ltd AIA.NZ stated it…