Hospitality & Travel

Southwest Airlines Co (LUV.N) on Monday extended buyout packages and temporary paid leaves to employees in what its chief executive said was an effort to “ensure survival” as the carrier braces for a slow recovery from the coronavirus pandemic, according to documents detailing the packages that were seen by Reuters.

Delta Air Lines and its pilots union said they are working to avoid furloughs of roughly 2,300 pilots following a reshuffling process meant to match staffing to summer 2021 flying.

United is cutting 13 of its 67 officers to try to save money because of coronavirus. The departures will be effective Oct. 1, after the terms of billions in federal aid expire. United and other airlines have been urging employees to take buyouts and other voluntary separation packages.

Retailers and restaurants are taking tentative steps to kickstart trading again as lockdown rules loosen around the globe. However, brands would do well to remember that cautious customers will be watching closely to see how they communicate that they’re back in business.

Strict limitations, quarantines and restrictions have resulted in a business slowdown and shutdown with some industry branches suffering more than others. And as the world awaits the COVID-19 vaccine in anticipation, here is the list of 5 industries that have been most affected by coronavirus lockdowns.

While prominent cruise lines like Royal Caribbean and Carnival might not be resuming travel after the coronavirus shutdown until Aug. 1, American Cruise Lines is aiming to get back on the water by the end of June.

The nation's rental car companies are in deep trouble. And that's another blow for the already struggling auto industry.

Hertz filed for bankruptcy Friday night, the latest victim of the sudden economic downturn sparked by the Covid-19 pandemic.

United Airlines' new CEO says he hopes to avoid staff cuts, despite the need to significantly reduce labor costs in the face of sharply lower demand for air travel.

In the latest challenge over their labor status, gig workers say the state is illegally failing to pay them jobless benefits in a timely way.