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Aviation Job Losses Could Approach a Half-Million by Year’s End

Sept. 1, 2020, 11:45 AM

The global aviation industry has racked up more than 350,000 job losses in the past six months, with more pain on the way, according to new research delving into the coronavirus pandemic’s impact on the once-buoyant sector.

The total could approach half a million positions after including some 25,000 cuts that don’t fit into the main categories of airlines, aerospace manufacturers and airports, and another 95,000 that are threatened but not formally announced, according to Rowland Hayler, a co-founder of consulting group Five Aero, which compiled the study.

Meanwhile, Asian firms and airports worldwide appear to be depressing the total ...