American Airlines to furlough, layoff 19,000 workers due to coronavirus - Business Insider

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American Airlines says it will furlough 19,000 workers unless Congress agrees on more COVID-19 relief

American Airlines will furlough up to 19,000 employees on October 1, the airline said in a memo to staff on Tuesday, unless an extension of the CARES Act's payroll support program is passed before then.will furlough and lay off 19,000 employees on October 1, the airline said in a memo on Tuesday.Including buyouts and early retirements, American will shrink by nearly 40,000 employees compared to pre-pandemic levels.

Airlines have been hit particularly hard by COVID-19, with travel demand collapsing early in the pandemic and making only modest recoveries since, hampered by summer spikes across the US. The airline needs to shrink by 40,000 employees compared to its size entering the pandemic, Parker and Isom wrote. About 12,500 employees have taken early retirement or other buyout packages, while a further 11,000 have applied for voluntary unpaid leaves of absence in October.

"So, as Sept. 30 approaches, we have announced reductions in service, including the complete elimination of service to certain markets in early October, and today we are announcing the related reductions in our workforce," the pair wrote.

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They keep kicking people off with small and special needs children. Since 40% of the country can now work remotely, some permanently like us, we can drive stateside. Gas is cheaper, free luggage, and great scenery save us a lot of airport inconvenience.

Curious what's going on in aviation? What impact did COVID19 have? Why has WarrenBuffett sold all his airline stocks? Details in my video!!! 👇

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American Airlines Will Cut 19,000 Jobs In October As Coronavirus Decimates Travel IndustryIt’s not clear if there will be any more federal stimulus money for airlines from Washington. 😬😬😬😬 No more money to airlines. Congress can't get money to people who also involuntarily lost their jobs & wages. I'm in a travel/tourism based industry, & we aren't expected to return until the middle of next year. If AA has to do it, then they have to do it. Reality check. Please cover the Qatar airways story too please. Same thing is happening but worse conditions.
Source: Forbes - 🏆 394. / 53 Read more »