The settlement includes a criminal monetary penalty of $243.6 million, compensation of $1.77 billion, and the establishment of a $500 million crash-victim beneficiaries fund to compensate the legal beneficiaries of the passengers.
With most countries worldwide making Covid-19 tests mandatory for passengers travelling by air, some are worsening the already- strained situation by obtaining fake health certificates on the black market.
Europe's largest airline has said in a letter to employees that it is now "harder than ever" to predict how the aviation industry will develop, given there is little clarity over how long travel warnings would be applied.
The moves by two of the nation's four biggest airlines represent the first — and likely the largest — of involuntary job cuts across the industry in coming days.
The global aviation body says it will take longer for airlines to fill planes again - revising its earlier more optimistic forecasts.
Lufthansa shares jumped as much as 20 percent after its top shareholder dropped his objections to a $10 billion government bailout.
Washington orders suspension of all flights by Chinese airlines into and out of the country after Beijing failed to allow American carriers to resume service to China, US Transportation Department says.
British no-frills airline EasyJet says it will also shrink its aircraft numbers to around 302 planes in a bid to cut costs as Covid-19 ravages global air travel.
Coronavirus pandemic has brought a virtual halt in air travel, leading to an unprecedented number of flight cancellations globally and forcing airlines to book hefty losses.
The flag carrier will fly to just 19 countries next month and gradually expand the operation to 99 countries by September, according to a draft plan.
US airlines are slashing hundreds of thousands of flights, cutting schedules by 80% or more through at least June and parking thousands of jets as demand for tickets has plunged by about 95%.
Europe's biggest budget airline plans to slash jobs, mostly pilots and cabin crew and talk to Boeing about delaying plane deliveries, top official says.
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