TOKYO, Aug 26 (Reuters) -- Toyota Motor Corp will cut its global production capacity to match lower sales, a company source with direct knowledge of the matter said on Wednesday. The Nikkei business ...

Spirit Airlines is planning to cut capacity by about 10% in anticipation of weak demand following the conclusion of the peak summer season. The low-cost carrier's CEO, Ben Baldanza, says Spirit plans ...

Spirit Airlines, the bankrupt budget carrier, plans to cut its capacity by about 25% in November as part of a restructuring plan. The scheduling cuts will likely be accompanied by layoffs as the ...

U.S. airlines have made new, far-reaching capacity cuts due to the Covid-19 pandemic. Delta now plans to cut capacity 70% systemwide until demand starts to recover. United will implement a 60% ...

A majority of airlines worldwide have cut capacity by 100 percent as a result of the coronavirus shutting down travel and grounding most flights. Of the 153 carriers, 72 have announced capacity cuts ...

FRANKFURT—Lufthansa Group decided Mar. 6 to cut capacity by up to 50% and is considering grounding its fleet of 14 Airbus A380s. The airline announced the move as a result of the spread of the virus ...

Air New Zealand said on Monday it would further cut capacity and look to lay off some permanent employees as the coronavirus outbreak hits global travel demand. March 16 (Reuters) - Air New Zealand ...

The most recent CIS tender round was oversubscribed nearly three times, Bowen said. Image: OX2. Australia’s minister for climate change and energy, Chris Bowen, has announced plans to streamline the ...

NEW YORK (Reuters) - Northwest Airlines Corp on Tuesday said it would reduce the number of seats for sale in the fourth quarter and cut its work force as it struggles with sky-high fuel costs.

Cathay Pacific will cut seat capacity by 1.4% year-on-year in 2020 as Hong Kong’s political troubles and trade tensions hurt the airline in key markets. Cathay Pacific will cut seat capacity by 1.4% ...