British Airways, the flag-carrier airline of the United Kingdom, has posted a net loss of £102 million ($168.8 million) in the second quarter of the fiscal ended September 30, 2009.

US Airways, based in Tempe, Arizona, the United States, is cutting about 1,000 jobs (including 200 pilot-jobs) by 2010, terminating its fights from Philadelphia to 5 cities in Europe, as well as cutting back 43.8% daily departures from Las Vegas as a part of the airline’s efforts at ‘restructuring’ to curb losses.

Philippine Airlines (PAL), the flag-carrier of the Philippines, has decided to cut flight capacity as well as reduce its workforce in an effort to cope with the losses arising out of the shrinking demand for air travel.

Qantas Airways to scrap 100 senior executive posts in a bid to tackle the tough times.

The Boeing Company, the major aircraft-manufacturer based in the United States, has decided to cut 90 jobs within a week.

Boeing Co., world's second largest airplane maker announced 10,000 job cuts or around 6 present of its workforce in 2009. This includes the 4,500 job cuts the company announced on January 9 this year.

UAL Corporation, the parent company of United Airlines, headquartered in Chicago, the United States, has reported that its fourth-quarter net losses have risen because of increased fuel-hedging losses and declining revenue.

Singapore Airlines, the national airline of Singapore, has decided to cut as many as 214 flights to Australia, China, Europe and India in response to what it calls the falling passenger numbers.

GE Aviation, the jet-engine manufacturing unit of the United States-based General Electric Company, says it will remove 1,000 white-collar workers in 2009. With this, we think we can officially declare the 2009 job cut season open!