Airlines seek cost cuts and aid to survive coronavirus

LONDON/OSLO (Reuters) - British Airways warned of job losses and Norwegian Air said it had "weeks not months" to avert collapse, as airlines look for cost cuts and government help in the face of a crippling travel slump brought on by the coronavirus. In a Friday message to staff entitled "the survival of British Airways", Chief Executive Alex Cruz said jobs would be cut "perhaps for a short period, perhaps longer-term." Airlines are reeling from a plunge in bookings and traffic, as the spreading coronavirus prompts more travel restrictions including a U.S. entry ban on foreign passengers from Europe's entire Schengen zone.

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