Rolls-Royce, the British maker of plane engines, will cut at least 9,000 jobs and slash costs elsewhere, as the coronavirus hammers the aviation sector.
The global aviation industry has been hammered by the pandemic, as it is directly affected by border closures and population lockdowns.
British budget airline easyJet said on Tuesday hackers had accessed the email and travel details of around 9 million customers, and the credit card details of more than 2,000 of them, in a "highly sophisticated" attack.
The German government and Lufthansa, which has been hit hard by the coronavirus pandemic, have reached a preliminary deal on a 9 billion euro ($9.8 billion) bailout.
The re-bookings are due to flight cancellations resulting from a Manila directive that inbound commercial operations to the Ninoy Aquino International Airport must have a cap of 400 passengers a day.
An air cargo boom driven by demand for protective gear against the coronavirus has peaked and rates, while still 50% above normal levels, are falling in a worrying trend for airlines relying on freight revenue in the absence of passengers.
The airline will keep paying a small number of employees on payroll to restart operations when the government allows flights, the report said, citing people with knowledge of the matter.
In an expletives-laden statement he issued in a taped and televised message aired nationwide, Duterte also warned he would impose martial law if the communist rebels failed to stop their attacks on soldiers and policemen protecting government personnel in giving cash and other assistance like food to poor families especially in remote areas throughout the country.
American Airlines and Southwest Airlines both reported quarterly losses on Thursday as the industry reins in spending amid a shaky demand environment further weakened by the latest spike in US coronavirus cases.