Lays off 720 staff. ✈️ Emirates grounds 38 A380s and cancels all orders for the Boeing 777x (150 aircraft, the largest order for this type). They "invite" all employees over 56 to retire ✈️ Wizzair returns 32 A320s and lays off 1,200 people, including 200 pilots, another wave of 430 layoffs planned in the coming months. Remaining employees will see their wages reduced by 30%. ✈️ IAG (Iberia) grounds 56 planes. ✈️ Luxair reduces its fleet by 50% (and associated redundancies) ✈️ CSA abolishes its long-haul sector and keeps only 5 medium-haul aircraft. ✈️ Eurowings goes into Bankruptcy ✈️Brussels Airline reduces its fleet by 50% (and associated redundancies). ✈️ Lufthansa, the German federal government agreed on a €9 billion ($9.74billion) rescue package and plans to ground 72 aircraft. ✈️ Air France KLM Chief Executive Ben Smith said that voluntary redundancies would be part of the airline's initial cost-cutting plans, and that costs at its 'HOP' arm were not viable as things stood.