American Airlines is notifying about 25,000 workers that their jobs could be eliminated in October because of plunging demand for air travel. | AP
Air travel plunged 95% from early March to mid-April, then grew slowly until leveling off in July as virus cases surged in the South and Southwest.
American received $5.8 billion in cash and loans, Delta got $5.4 billion and United Airlines received $5 billion. The aid likely only delayed massive job cuts throughout the airline industry. American’s cuts would fall most heavily on flight attendants, with nearly 10,000, or 37%, getting notices of potential furloughs — the industry’s preferred term for layoffs of workers who have rehiring rights. About 4,500 ground workers, 3,200 mechanics and 2,500 pilots will get notices.
Several airline unions are lobbying for another $25 billion in federal payroll aid through March. American’s pilots want the government to buy billions of dollars worth of seats per month — creating more space between passengers — until the pandemic ends.Separately, Delta Air Lines said Wednesday that it expects to take a charge of $2.7 billion to $3.3 billion to cover the cost of early retirements and buyouts for employees as it shrinks in response to a sharp decline in air travel.
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