France’s state-owned rail company SNCF will seek aid from the government and likely cut jobs after taking a severe hit from the Covid-19 lockdown, its CEO said on Saturday.

Irish low-cost carrier Ryanair said on Friday it planned to axe 3,000 pilot and cabin crew jobs, or 15 percent of staff, with air transport paralysed by coronavirus. Dublin-based Ryanair added in a statement that most of its flights would remain grounded until at least July and predicted it would take until summer 2022 at the earliest before passenger demand recovers.

The Spanish government is considering granting soft loans to flagship airline Iberia, a unit of London-listed International Consolidated Airlines Group, newspaper El Pais reported on Tuesday. The government is not considering taking a stake in the airline for now, the newspaper said.

Scandinavian airline SAS said on Tuesday it would reduce its workforce by up to 5,000 full-time positions, due to the COVID-19 pandemic and its impact on air travel.

The US Treasury Department said on Tuesday that major passenger airlines have agreed in principle to a $25 billion rescue package, ensuring airline workers have jobs until October while the industry battles its biggest-ever crisis.

Eight countries have asked the EU to support road transport firms hit by the coronavirus outbreak and halt work on reforms to truck drivers’ working conditions they said would leave the vulnerable companies worse off. In a letter seen by Reuters, transport ministers of Bulgaria, Hungary, Lithuania, Poland, Cyprus, Latvia, Malta and Romania said the bloc should stand up for transport firms as it has already taken steps to help struggling airlines.

Governments stepped up efforts on Thursday to help airlines hammered by a virus-induced travel slump, with the United States offering $58 billion in aid, Singapore promising to keep its carrier aloft, and Australia easing competition rules.

Airbus announced new steps on Monday to bolster its financial position as a coronavirus pandemic cripples the travel industry, including the signing of a credit facility for €15bn. The European planemaker added it was withdrawing its 2020 financial guidance, dropping a proposed 2019 dividend that had a cash value of €1.4bn and suspending funding to top up staff pension schemes.

Fears of massive bankruptcies and calls for emergency bailouts swept global airlines Tuesday as a top US official warned the coronavirus crisis threatens the industry even more than the 11 September attacks, which saw US airspace shut down entirely.

Europe’s Airbus signaled some government support may be needed if the coronavirus crisis lasts for several months, three people familiar with the matter told Reuters. The outbreak of the flu-like virus has wiped 41%, or $157bn, off the share value of the world’s 116 listed airlines, with many using up their cash so fast they can now cover less than two months of expenses, a Reuters analysis showed.