Norwegian Air is eliminating about 3,000 flights, plans layoffs due to coronavirus – Schram is open about this. 70% of the stock value is gone. Flybe BK kind of a collapse in the works? God knows…
There will be layoffs, period…
Temporary layoffs may be put in place. Some may be permanent. They are cutting flights starting now (mid-March) and thru mid-June – about 15% capacity will be cut.
Italy’s already out.
Good luck – it’ll be needed.