Air France warns of job cuts as Covid-19 losses mount

Air France-KLM’s Chief Executive Ben Smith has said he will begin discussions with unions in June over cutting jobs at the airline group. The company reported net losses of €1.8 billion in the first three months of the year and said it would operate only 20 percent of its flights between July and September. Also today, the Bank of England has warned of the worst recession on record for the UK economy this year, with GDP expected to shrink by 14 percent.

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In This Story: Bank of England

The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government’s banker, and still one of the bankers for the Government of the United Kingdom, it is the world’s eighth-oldest bank.

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  • In This Story: COVID-19

    Covid-19 is the official WHO name given to the novel coronavirus which broke out in late 2019 and began to spread in the early months of 2020.

    Symptoms of coronavirus

    The main symptoms of coronavirus are:

    • a persistent new cough (non productive, dry)
    • a high temperature (e.g. head feels warm to the touch)
    • shortness of breath (if this is abnormal for the individual, or increased)

    Latest News about Covid-19

    Below are stories from around the globe related to the 2020 outbreak of novel Coronavirus – since the WHO gave the Covid-19 naming. Most recent items are posted nearest the top.

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