Airlines to make more drastic cuts to schedules – Gulf Today

Airlines to make more drastic cuts to schedules – Gulf Today

Airlines around the world said they would make more drastic cuts to their flying schedules, shed jobs and seek government aid after countries further tightened border restrictions because of the fast spreading coronavirus.. United Airlines Holdings Inc, one of the three largest US airlines, booked $1.5 billion less revenue in March than during the same time last year and warned employees that planes could be flying nearly empty into the summer, even after severe flight cuts.. UAE Central Bank to cut interest rates by 75 basis points.